M&A - Arcosa, Inc.

Form Type: DEF 14A

Filing Date: 2025-04-01

Corporate Action: Acquisition

Type: New

Accession Number: 000173944525000058

Filing Summary: Arcosa, Inc. is preparing for its 2025 Annual Meeting of Shareholders scheduled on May 14, 2025, which will be conducted virtually. Shareholders can vote via phone, internet, or by submitting their proxy cards. Key agenda items include the election of nine directors to serve for one-year terms, an advisory vote on executive officer compensation, and the ratification of Ernst & Young LLP as the independent accounting firm for the fiscal year ending December 31, 2025. A record date of March 21, 2025, is set for eligible shareholders. The company's recent strategic transformation includes the acquisition of the construction materials business from the Stavola companies, enhancing its market presence, and simplifying its portfolio by divesting its Steel Components business. Arcosa's commitment to sustainability, safety improvements, and proactive shareholder engagement are also highlighted, with significant progress reported in emissions reduction and a focus on corporate governance practices that support shareholder interests.

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Form Type: 10-K

Filing Date: 2025-02-28

Corporate Action: Acquisition

Type: New

Accession Number: 000173944525000026

Filing Summary: For the fiscal year ended December 31, 2024, Arcosa, Inc. reported significant developments including the completion of the acquisition of the construction materials business of Stavola Holding Corporation for $1.2 billion in cash on October 1, 2024. This strategic move expanded Arcosa's aggregates platform into the New York-New Jersey Metropolitan Statistical Area. Furthermore, on August 16, 2024, Arcosa divested its steel components business, recognizing revenues of $87.8 million and $153.3 million in 2024 and 2023 respectively. The company aims to leverage the fragmented nature of infrastructure-related markets, focusing on organic and disciplined acquisition growth, aligned with key trends such as renewable power generation and the expansion of telecommunication infrastructure. Arcosa operates primarily in three segments: Construction Products, Engineered Structures, and Transportation Products, focusing on providing sustainable solutions and enhancing its operational effectiveness.

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