# Arcosa to acquire Stavola Holding's construction materials business for $1.2B

Arcosa, Inc. has entered into a definitive agreement to acquire the construction materials business of Stavola Holding Corporation for $1.2 billion in cash. Stavola operates five hard rock aggregates quarries, twelve asphalt plants, and three recycled aggregates sites serving the New York-New Jersey MSA.

- Type: Acquisition
- Announced: 2024-08-01
- Where: New York-New Jersey Metropolitan Statistical Area, United States
- Value: $1.20B
- Status: announced
- Products: aggregates, asphalt, recycled aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Arcosa Inc](https://endata.com/companies/15143.md) (acquirer)
- [Stavola Holding Corporation](https://endata.com/companies/78962.md) (target)

## Sources

- [advfn.com](https://www.advfn.com/stock-market/NYSE/ACA/stock-news/94300029/arcosa-inc-announces-agreement-to-acquire-the-co), 2024-08-01: "The aggregates business contributed 56% to Stavola’s LTM Adjusted EBITDA."
- [mycentraljersey.com](https://www.mycentraljersey.com/story/news/local/2024/08/08/stavola-bridgewater-nj-arcosa/74703825007/), 2024-08-08: "Stavola brings an experienced management team, a reputation for strong customer service, and a successful track record."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.