04:49 PM EDT, 10/01/2024 (MT Newswires) -- Arcosa ( ACA ) said late Tuesday it has completed the acquisition of the construction materials business of Stavola Holding for $1.2 billion, as well as the sale of its steel components business to Stellex Capital Management in August.

Financial details of the sale weren't provided.

For the quarter ended Sept. 30, Arcosa ( ACA ) said it expects a $1 million to $1.5 million adjusted loss before interest, taxes, depreciation, and amortization for the steel components business, due to a "partial period of ownership that was impacted by the deferral of certain product shipments and business interruption from actions necessary to complete the divestiture process."

Arcosa ( ACA ) said it will update its full-year 2024 revenue and adjusted EBITDA guidance to reflect the completion of the transactions in its Q3 earnings.