Benzinga | Oct 12, 2020 08:09AM EDT

Arcosa Acquires Strata Materials For ~$87M

-- $87 Million Acquisition Expands Recycled Aggregates Platform into Dallas-Ft. Worth Market

-- Replicates January 2020 Acquisition of Cherry Companies with Complementary Recycled and Natural Aggregates

-- Increases Exposure to Growing Product Category Driven By ESG and Economic Benefits

-- Advances Arcosa's Overall Portfolio Shift into Construction Products at an Attractive Valuation