Arcosa President and CEO Antonio Carrillo called the deal "a powerful validation of the work" his company has done in recent years—including Arcosa's $1.2 billion acquisition of the construction materials business of Stavola Holding Corporation in 2024.
In an era of cloud-based software buyouts, this 10-figure deal is as down-to-earth as it gets.
New Jersey-based Stavola specializes in aggregates and vertically integrated construction materials. It operates five hard rock natural aggregates quarries, 12 asphalt plants, and three recycled aggregates sites, primarily serving the New York-New Jersey metro area.
North Texas boasts a new crop of Tech Titans, including a team at Dallas Fort Worth International Airport, a University of Texas at Dallas inventor and a Lewisville ISD teacher.
North Texas boasts a new crop of Tech Titans, including a team at Dallas Fort Worth International Airport, a University of Texas at Dallas inventor and a Lewisville ISD teacher.