Arcosa Announces Agreement to Acquire Construction Materials Business of Stavola Holding Corporation

Arcosa Inc. has entered into a definitive agreement to acquire the construction materials business of Stavola Holding Corporation and its affiliated entities for $1.2 billion in cash, subject to customary post-closing adjustments. Founded in 1948, Stavola is an aggregates-led and vertically integrated construction materials company primarily serving the New York-New Jersey Metropolitan area through its network of five hard rock natural aggregates quarries, 12 asphalt plants, and three recycled aggregates sites....

Arcosa Announces Agreement to Acquire Construction Materials Business of Stavola Holding Corporation
Arcosa Inc. has entered into a definitive agreement to acquire the construction materials business of Stavola Holding Corporation and its affiliated entities for $1.2 billion in cash, subject to customary post-closing adjustments. Founded in 1948, Stavola is an aggregates-led and vertically integrated construction materials company primarily serving the New York-New Jersey Metropolitan area through its network of five hard rock natural aggregates quarries, 12 asphalt plants, and three recycled aggregates sites....