Arcosa Announces Agreement to Acquire Ameron Pole Products from NOV Inc.
Arcosa, Inc. (ACA)
Last arcosa, inc. earnings: 4/28 04:15 pm
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Source: Business Wire
Acquisition Provides Additional Scale to Engineered Structures in Attractive Infrastructure Markets and is Accretive to Overall Arcosa MarginMarks Entry into Complementary Concrete and Steel Pole Lighting MarketExpands Position in Traffic and Telecommunication Structures$180 Million Purchase Price to be Funded with Cash and Available Revolver Capacity DALLAS--(BUSINESS WIRE)--Arcosa, Inc. (NYSE: ACA) (“Arcosa,” the “Company,” “We,” or “Our,”), a provider of infrastructure-related products and solutions, today announced that it has entered into a definitive agreement to acquire Ameron Pole Products, LLC (“Ameron”) from NOV Inc. (NYSE: NOV) for $180 million in cash.Founded in 1970, Ameron is a leading manufacturer of highly engineered, premium concrete and steel poles for a broad range of infrastructure applications, including lighting, traffic, electric distribution, and small-cell telecom. With four manufacturing facilities strategically located in Alabama, California, and Oklahoma
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ACA
Earnings
- 2/22/24 - Beat
ACA
Sec Filings
- 4/9/24 - Form 8-K
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- ACA's page on the SEC website