Arcosa, inc. announces agreement to acquire stonepoint materials

Dallas--(business wire)--arcosa, inc. (nyse: aca) (“arcosa” or the “company”), a provider of infrastructure-related products and solutions, today announced that it has reached a definitive agreement to acquire stonepoint ultimate holding, llc and affiliated entities (“stonepoint”) from an affiliate of sun capital partners, inc. for $375 million in cash. stonepoint is one of the 25 largest aggregates companies in the united states, with approximately 9 million tons of annual production across 20
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