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0 -0.000989609104403739 -0.00201756556160317 -0.0014844136566057 -0.00284512617516086 0.00111331024245427 0.00754576942107867 0.00754576942107867
Stock impact report

Arcosa (ACA) Buys Ameron, Expands Infrastructure Portfolio [Yahoo! Finance]

Arcosa, Inc. (ACA) 
Last arcosa, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
NOV for $180 million. Ameron's acquisition enhances Arcosa's product offerings in traffic and telecom structures, marking the company's entry into the concrete and steel lighting pole market. Buyout Synergies Ameron, established in 1970, specializes in manufacturing concrete and steel poles for various infrastructure applications. With four strategically located manufacturing facilities across the United States, Ameron recorded revenues of approximately $94 million in 2023. Apart from boosting Arcosa's product offerings in traffic and telecom structures, this Ameron addition accelerates the company's long-term growth trajectory, particularly in its Engineered Structures segment. The acquisition reflects Arcosa's commitment to a disciplined acquisition strategy aimed at strengthening its position in high-growth markets. The acquisition was financed through a combination of cash reserves and $160 million in borrowings from Arcosa's revolving credit facility. With solid cash flow Show less Read more
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