Arcosa shareholders approved CRH's proposed acquisition of the company on September 4, with 39,595,867 votes in favor against 66,113 opposed and 16,786 abstentions, representing 80.8% of shares outstanding as of the record date. The all-cash deal values Arcosa at $150 per share, or an enterprise value of approximately $8.5 billion, which CRH described as 11.5 times estimated 2026 adjusted EBITDA including $175 million of targeted annual run-rate cost synergies expected by year three. The companies continue to expect a first-quarter 2027 closing, subject to required regulatory approvals and other customary conditions, and completion is not subject to a financing condition. The vote removes the principal seller-side approval risk, but antitrust clearance remains the dominant unresolved condition, with the initial outside date of June 21, 2027 automatically extending to September 21 and then December 21 if specified regulatory conditions remain outstanding. Arcosa would add 109 quarries and yards, nine asphalt plants, 19 terminals and approximately 35 million tons of 2025 aggregates shipments, giving CRH more than 265 million tons of combined annualized aggregates production.
Arcosa IncShareholders approved CRH's $8.5B all-cash takeover of Arcosa at $150/share, removing the principal seller-side approval risk.
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