A public Dallas-based company is set to be acquired for more than $8 billion.
Arcosa, provider of infrastructure-related products, has entered into an agreement with Ireland-based competitor CRH, which offers building materials, according to a statement Monday.
The transaction values Arcosa at an enterprise value of roughly $8.5 billion.
The deal is expected to close in the first quarter of 2027 with approvals from Arcosa’s stockholders, regulatory steps and customary closing conditions. CRH intends to fund the deal with available cash and committed debt financing.
The deal comes after the company reported first-quarter revenue that rose about 4% while adjusted EBITDA jumped about 10%. The company also raised 2026 guidance for continuing operations.
Arcosa’s construction products business includes over 100 quarries and yards and nine asphalt plants. Its engineered structures business is a key manufacturer of critical products in the growing energy transmission market.
Mergers and acquisition deals are getting more traction in the U.S. in a variety of markets, including technology and advanced manufacturing, according to a report by Bain & Co. North Texas companies have been involved in deals that have run into billions of dollars. Texas Instruments is spending $7.5 billion to buy Austin-based tech firm Silicon Labs to extend its chip enterprise, according to an earlier announcement. Also, Dallas-area banks have entered into deals to be acquired, including Veritex Bank and Vista Bank.
The boards of Arcosa and CRH unanimously approved the acquisition. Arcosa’s principal executive offices are at 500 N. Akard St. in downtown Dallas.
“This transaction is a powerful validation of the work we’ve done in recent years to grow in attractive markets, simplify our portfolio, reduce cyclicality and build a more resilient business focused on construction products and engineered structures,” said Antonio Carrillo, president and CEO of Arcosa, said in a statement.