CRH Americas completes merger with Arcosa; shareholders receive $150 in cash for each share
Arcosa's shares are removed from the New York Stock Exchange and NYSE Texas, and about $450.1 million owed under its credit agreement is repaid.
Published
CRH Americas, a subsidiary of CRH, has completed its merger with Arcosa. The merger took effect on October 23, 2026. Arcosa is now a wholly owned subsidiary of CRH Americas. Shareholders received $150 in cash for each share. The total cash paid for common stock and cash-settled equity awards was about $7.5 billion.
Arcosa's shares were halted and removed from the New York Stock Exchange and NYSE Texas before trading on the closing date. Arcosa's entire board and officer team resigned. The merger subsidiary's directors and officers took their place. Arcosa ended its credit agreement and repaid about $450.1 million that it owed under it.
The closing puts into formal effect what the market has priced since June. Arcosa now exists only as a claim to $150 a share in cash. Its operating history passes into CRH Americas, and its credit agreement is wound down. Attention moves to CRH's update on October 29. Investors will look there for how the $8.5 billion deal and the sale of asphalt plants, which New Jersey has required, affect full-year guidance. They will also look at the pro forma leverage ratio, a measure of debt against earnings shown as if the deal had already closed. That ratio was flagged at 2.4 times in June. Nothing in the completion changes those terms. The real test of the acquisition's value comes with that guidance.
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