CRH Closes $7.5 Billion Arcosa Buyout At $150 A Share, Ending Its NYSE Run
Arcosa is now a wholly owned CRH subsidiary, with a new board, a repaid credit facility and shares pulled from trading.
CRH, the Ireland-based company, finished its purchase of Arcosa on Friday, paying about $7.5 billion in cash at $150.00 a share, according to an 8-K. Arcosa, which makes infrastructure products for construction, engineered structures and transportation markets in North America, no longer trades publicly.
$150 in cash for every share
A merger subsidiary of CRH Americas folded into Arcosa, which survives as a wholly owned subsidiary. Each common share converted into the right to receive $150.00 in cash, without interest. The roughly $7.5 billion total covers common stock and cash-settled equity awards.
Unvested restricted stock and stock unit awards granted before June 21, 2026 vested at closing and were paid out at the same $150.00 price, plus any accrued dividend equivalents. Performance-based awards were counted at the greater of 100% of target or actual performance achieved.
CRH Americas paid with loans under a $3.25 billion bridge facility and a $2.5 billion term loan facility, both with J.P. Morgan SE as agent, plus cash on hand.
Board gone, shares delisted
Every Arcosa director resigned and every officer stepped down at closing; the filing says none of it involved a disagreement with the company. The merger subsidiary's directors and officers now run Arcosa, which keeps its name. Its new certificate of incorporation limits it to 100 authorized shares at $0.01 par value, according to the charter exhibit.
Arcosa asked the NYSE and NYSE Texas to halt trading before Friday's open and to delist the stock, and trading was halted. Shares closed Thursday at $149.15. After the delisting takes effect, the company intends to file a Form 15 with the SEC, ending its public reporting obligations.
It also terminated its JPMorgan Chase Bank credit agreement, which provided a $700 million revolver and a $700 million term loan. Arcosa repaid about $450.1 million in principal, interest and other amounts, and said it incurred no material early termination fees.
From June agreement to close
Arcosa signed the merger agreement on June 21, 2026, and stockholders approved it at a special meeting on September 4, 2026.
The company's segments produce aggregates and asphalt mix, steel and concrete utility and wind tower structures, and inland barges. GE Vernova accounted for 12.2% of its 2025 revenues, according to its annual report.
With the Form 15 to come, Arcosa's next public filing may be its last.
Sources
- 8-K Filing — Arcosa, Inc. (ACA) — SEC EDGAR
- Exhibit ef20084131_ex3-1.htm — Arcosa, Inc. 8-K exhibit — SEC EDGAR
