Sills Cummis & Gross Advises Stavola Holding Corporation on Its…
Sills Cummis & Gross Advises Stavola Holding Corporation on Its Sale for $1.2 Billion
August 2, 2024
Sills Cummis advised Stavola Holding Corporation and its affiliated entities (“Stavola”) in its definitive agreement to sell to Arcosa, Inc. (NYSE: ACA) for $1.2 billion. The transaction, which was announced on August 1, 2024, is expected to close during the 4th quarter of 2024.
Founded in 1948, Stavola is an aggregates-led and vertically integrated construction materials company that serves the New York-New Jersey Metropolitan Area through its network of five hard rock natural aggregates quarries, twelve asphalt plants, and three recycled aggregates sites.
Arcosa, Inc., headquartered in Dallas, Texas, is a provider of infrastructure-related products and solutions with leading positions in construction, engineered structures, and transportation markets.
The Sills Cummis team representing Stavola was spearheaded by Robert E. Schiappacasse and Frederic M. Tudor.