CRH PLC agreed to acquire Arcosa Inc in an all-cash deal valued at about $8.5 billion and said the transaction is expected to be accretive within the first year after closing, the company said Monday.

Under the agreement, CRH will pay $150 per share for Arcosa, a 25% premium to its 60-day volume-weighted average share price as of June 18, valuing the deal at 11.5 times estimated 2026 earnings before interest, taxes, depreciation, and amortization.

The transaction is expected to close in the first quarter of 2027, it added.