Arcosa, Inc. Announces Completion of Stavola Acquisition and Sale of Steel Components Business
Arcosa, Inc. (ACA)
Last arcosa, inc. earnings: 4/28 04:15 pm
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Source: Business Wire
Transactions Advance Long-Term Strategy to Grow in Attractive Markets and Reduce Complexity and Cyclicality DALLAS--(BUSINESS WIRE)--Arcosa, Inc. (NYSE: ACA) (“Arcosa” or the “Company”), a provider of infrastructure-related products and solutions, today announced it has completed the previously announced acquisition of the construction materials business of Stavola Holding Corporation and its affiliated entities (“Stavola”) for $1.2 billion.Founded in 1948, Stavola is an aggregates-led and vertically integrated construction materials company primarily serving the New York-New Jersey Metropolitan Statistical Area (“MSA”) through its network of five hard rock natural aggregates quarries, twelve asphalt plants, and three recycled aggregates sites. For the last twelve months ended June 30, 2024 (“LTM”), Stavola generated revenues of $283 million and Adjusted EBITDA of $100 million, representing a 35% Adjusted EBITDA Margin. The aggregates business contributed 56% to Stavola’s LTM Adjus
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ACA
Earnings
- 10/30/24 - Beat
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Sec Filings
- 12/16/24 - Form 8-K/A
- 11/12/24 - Form 8-K
- 10/31/24 - Form 10-Q
- ACA's page on the SEC website