H.B. Fuller’s Post

🚀 Big News from Arcosa Inc. 🚀 🌟 Arcosa, Inc. Announces Agreement to Acquire the Construction Materials Business of The Stavola Companies for $1.2 Billion and Other Value-Enhancing Portfolio Actions to Accelerate Long-Term Strategy 🌟 📈 Arcosa has entered into a definitive agreement to acquire the construction materials business of Stavola Holding Corporation and its affiliated entities ("Stavola") for $1.2 billion in cash, subject to customary post-closing adjustments. 🏢 Founded in 1948, Stavola is an aggregates-led and vertically integrated construction materials company primarily serving the New York-New Jersey Metropolitan Statistical Area (“MSA”) through its network of: 🪨 5 hard rock natural aggregates quarries 🛣️ 12 asphalt plants 🔄 3 recycled aggregates sites 📊 For the last twelve months ended June 30, 2024 (“LTM”), Stavola generated: 💵 Revenues of $283 million 📈 Adjusted EBITDA of $100 million (35% Adjusted EBITDA Margin) 🏆 The aggregates business contributed 56% to Stavola’s LTM Adjusted EBITDA. 💡 The structure of the transaction is expected to create tax benefits attributable to Arcosa with a net present value of approximately $125 million. #Arcosa #Stavola #Acquisition #ConstructionMaterials #BusinessGrowth #StrategicMove #Aggregates #Asphalt #RecycledMaterials

Is Raubex the cheap Cinderella of the construction sector? Like most construction-related companies on the JSE, Raubex appears cheap by almost all historical valuation metrics. Judging by the recent results in which the company reported headline earnings per share (HEPS) for the full year ended February 2024 of 476.3c and declared a full-year dividend of 92c a share (returning a total dividend for the year of 155c a share), the company continues to demonstrate good growth. This continued growth highlights that Raubex’s current market valuations may not be warranted. .. My thoughts in this Months Investors Monthly…

#Submersiblepumps revolutionize industries with diverse applications, from borewell extraction to utility and stainless-steel models, optimizing efficiency and operational flexibility. Regional expansions in #AsiaPacific, particularly #India's projected growth, underscore their pivotal role in #urbanization and #infrastructure. Strategic acquisitions, like Atlas Copco's recent move, bolster industry competitiveness, promising enhanced solutions for mining and wastewater challenges. #AMR #IndustrialApplications #EnergyEfficiency #InfrastructureDevelopment #Acquisitions #GlobalMarket #IndiaGrowth #WastewaterManagement https://lnkd.in/dQRCF8ix

Walter Surface Technologies Inc, in its quest to become a global leader for productivity and safety solutions in the #metalworking industry, announced the acquisition of Greenfield Industries, Inc. Inc, a USA-based leading manufacturer of branded and private label #cuttingtools. #WALTER and #GreenfieldIndustries share a strong focus on providing solutions that answer the needs and challenges facing industrial #endusers. With the addition of Greenfield Industries, Inc. to Walter Surface Technologies' portfolio, the company can help its customers be more #productive with effective and durable #cuttingtools solutions for a broad subset of applications. Following this transaction, Greenfield Industries, Inc. will continue to operate under their own respective brands. The transaction is effective immediately, and activities for both #customers and #suppliers remain unchanged. Walter Surface Technologies Greenfield Industries, Inc. Marc-Andre Aubeé Ty Taylor #tooling #drillingsolutions #metalcutting #cuttingtools #acquistions https://lnkd.in/dwqYBTYj

𝑺𝑨𝑨 𝑺𝒄𝒂𝒇𝒇𝒐𝒍𝒅 𝑺𝒖𝒑𝒑𝒍𝒊𝒆𝒓 𝑵𝒆𝒘𝒔 In November 2023, Acrow Formwork and Construction Services Limited (ASX: ACF) (Acrow Ltd. (ASX:ACF) entered a Share Purchase Agreement and acquired 100% of the issued shares in MI Scaffold Access and Rigging. Steven Boland, CEO of Acrow, noted: ”MI Scaffold is a highly attractive acquisition aligned with Acrow’s strategic plan to pursue selective growth in industrial services and enhance Acrow’s recurring revenue base and geographic footprint across Australia.” Acrow’s entry into the Industrial Scaffold market in October 2019, marked by the acquisition of Uni-span Australia Pty Ltd, initially focused on Queensland. Through substantial capital investments, this business has since expanded its footprint to include New South Wales, South Australia, and Tasmania. Specialising in industrial service and maintenance contracts, particularly within the Industrial, Oil, Gas, and Mining sectors, the Industrial Services division is a core pillar of Acrow. This division adopts a solution-oriented approach, catering to the complex and sizable projects of large operators, ensuring cost-effectiveness, timeliness, and a safe working environment. Our scope of services includes equipment and skilled labour provision for commissioning, decommissioning, large-scale shutdowns, and major infrastructure projects, all while accommodating the rising project demands nationwide. Learn more about this acquisition on our website https://lnkd.in/gpJdbXRY #scaffoldsuppliernews #acrow #scaffoldingassociationau

Case Study: Boyden's Tom Zay shares how #PrivateEquity investor hire of a #CEO to integrate acquisitions and build of a growth platform in manufacturing specialty equipment for #waterinfrastructure ultimately creating the largest manufacturer of traveling water screens and bulk material handling in North America. Find the case study here >> https://brnw.ch/21wGuJ6

【NEWS UPDATE】Saint-Gobain, a French multinational, has officially completed the acquisition of FOSROC, a global leading private building chemicals company, for a transaction value of $1.025 billion (€960 million). 🏭 💰This acquisition further consolidates Saint-Gobain's global leadership position in the building chemicals sector, following recent acquisitions of Chryso, GCP, and 33 other companies over the past two years. 🏆 📈 FOSROC, renowned for its strong market position and presence in India, the Middle East, and Asia-Pacific, is expected to generate $487 million in sales in 2024 with an EBITDA margin of 18.7%. 🌍 🧱The acquisition represents 11.3 times FOSROC's expected 2024 EBITDA, which is expected to decrease to 7.1 times by the third year due to $54 million in synergies. 💹 ⚙️The transaction aligns with Saint-Gobain's "Growth and Impact" vision, strengthening its global footprint in building chemicals and enhancing its position in high-growth emerging markets. 🌱 🚀 #BuildingChemicals #GlobalAcquisition #EmergingMarkets #SynergiesAndGrowth https://lnkd.in/gN73QppW

#Submersiblepumps revolutionize industrial operations with their versatility and #efficiency. From borewell pumps for extraction to stainless steel pumps for acidic resistance, these pumps cater to diverse needs. With #AsiaPacific leading in market share and strategic acquisitions fueling innovation, the submersible pumps industry is poised for significant growth across various sectors. #AMR #SubmersiblePumps #IndustrialEfficiency #InnovationLeadership #MarketGrowth #StrategicAcquisitions #AsiaPacificMarket https://lnkd.in/dxuYd6v7

SAINT-GOBAIN: CO ANNOUNCED A DEFINITIVE AGREEMENT TO ACQUIRE FORSOC, A GLOBAL CONSTRUCTION CHEMICALS, FOR $1,025 MILLION (APPROXIMATELY €960 MILLION) IN CASH #Saint-#Gobain has announced a #definitive #agreement to #acquire #FOSROC, a global construction chemicals company, for $1,025 million (approximately €960 million) in cash. This acquisition is expected to create value by the third year and will expand Saint-Gobain's presence in #India and the #Middle East. The acquisition will #strengthen Saint-Gobain's worldwide presence in construction chemicals, which will have combined sales of €6.2 billion across 73 countries following the acquisition. FOSROC is a leading player in India, one of the most #attractive construction #chemicals markets, and has a strong geographic footprint in the Middle East and #Asia-Pacific. The purchase price represents an acquisition multiple of approximately 11.3x FOSROC's 2024 estimated #EBITDA of $91 million, which will be reduced to 7.1x when including expected #synergies of $54 million by the third year. The acquisition is expected to be value-creative for Saint-Gobain's shareholders and customers, with $39 million in cost synergies and $15 million in growth synergies.

French #construction conglomerate Saint-Gobain has announced a US$4.32 billion (A$6.57 billion) takeover bid for Australian #Building Materials company CSR Limited. The offer includes the assumption of liability for CSR's asbestos-related claims. CSR's board has recommended the deal to its shareholders, citing the proposal as providing "attractive value and certainty". The bid price of $9 per share is a 33% premium over CSR's closing share price on February 20. CSR was originally founded in 1855 as a sugar refining company but now boasts a diverse portfolio of building products, including Monier Roofing, PGH Bricks and Gyprock.  CEO Julie Coates highlighted the "strong strategic and cultural alignment" between CSR and Saint-Gobain, emphasising the deal's potential benefits for CSR's employees and customers while ensuring the continuation of high-quality building solutions in their market sectors. More at #Proactive #ProactiveInvestors http://ow.ly/5cn2105jQvC