CRH has agreed to acquire U.S.-based Arcosa for $8.5 billion, a record deal for the company that significantly expands its North American infrastructure and aggregates presence. The acquisition follows recent management changes, including the appointment of Aylwyn Bryan as CFO effective May 12, 2026, and Danilo Juvane as Head of Investor Relations effective May 26, 2026. CEO Jim Mintern stated the deal reinforces CRH's position as the number one infrastructure player in North America, capitalizing on robust demand for energy and utility infrastructure. Jefferies raised its price target on CRH to $165.50 from $149, maintaining a Buy rating, and estimates the acquisition will boost earnings per share by 5 to 6 percent from 2027.
Arcosa IncArcosa is being acquired by CRH for $8.5 billion, a premium that benefits shareholders.
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