Arcosa Inc Announces Agreement to Acquire StonePoint Materials LLC- M&A Call Transcript - Thomson StreetEvents

Arcosa Inc Announces Agreement to Acquire StonePoint Materials LLC- M&A Call Transcript

Arcosa Inc Announces Agreement to Acquire StonePoint Materials LLC- M&A Call Transcript - Thomson StreetEvents
Arcosa Inc Announces Agreement to Acquire StonePoint Materials LLC- M&A Call Transcript
Published Mar 22, 2021
10 pages (4810 words) — Published Mar 22, 2021
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Transcript of ACA.N M&A conference call or presentation 22-Mar-21 9:00pm GMT

  
Brief Excerpt:

...Thank you, operator. Good afternoon, everyone, and I thank you for joining our conference call today. I'm Antonio Carrillo, Arcosa's President and CEO. And I'm joined in the room with Arcosa's CFO, Scott Beasley. We're extremely excited to announce our agreement to acquire StonePoint Materials, one of the top 25 aggregates producers in the United States. We believe this acquisition is an excellent strategic fit for Arcosa since StonePoint is a premier scale aggregates platform that should advance our evolution towards a higher margin, higher growth and less cyclical portfolio. StonePoint has attractive geographic operations that expand Arcosa's current aggregate footprint in Texas and Louisiana, while providing an entry into new high-growth regions, particularly Western Tennessee. Additionally, it provides a new pipeline of bolt-on acquisitions and organic growth opportunities in the construction materials space. We expect it to be accretive to earnings and margins day 1. As we show on...

  
Report Type:

Transcript

Source:
Company:
Arcosa Inc
Ticker
ACA.N
Time
9:00pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "Arcosa Inc Announces Agreement to Acquire StonePoint Materials LLC- M&A Call Transcript" Mar 22, 2021. Alacra Store. May 16, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Arcosa-Inc-Announces-Agreement-to-Acquire-StonePoint-Materials-LLC-M-A-Call-T14633299>
  
APA:
Thomson StreetEvents. (2021). Arcosa Inc Announces Agreement to Acquire StonePoint Materials LLC- M&A Call Transcript Mar 22, 2021. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Arcosa-Inc-Announces-Agreement-to-Acquire-StonePoint-Materials-LLC-M-A-Call-T14633299>
  
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