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Arcosa closed its $1.2 billion acquisition of Stavola Holding Corp., an aggregates-led construction materials company with quarries and asphalt plants in New Jersey and Pennsylvania. The transaction was announced in August 2024.
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.