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VINCI Boosts its Presence in Canada - Eurovia, a subsidiary of the VINCI Group, has just signed an agreement to acquire Carmacks, a group of companies based in Edmonton, Alberta - VINCI.com
VINCI Boosts its Presence in Canada

 

NewswireToday - /newswire/ - Paris, France, 2012/01/05 - Eurovia, a subsidiary of the VINCI Group, has just signed an agreement to acquire Carmacks, a group of companies based in Edmonton, Alberta - VINCI.com. CAC 40; Euronext 100

   
 
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Carmacks delivers highway construction and maintenance works but also operates and maintains road infrastructure under long-term contracts in Edmonton and Calgary. Traditionally active with local public authorities, the group has also developed a portfolio of private sector clients.

Carmacks generates revenue of about C$200 million (approximately €150 million) and is active throughout the Canadian province of Alberta, which is experiencing rapid economic growth.

With this acquisition, Eurovia, one of the world leaders in construction and maintenance of road and rail transport infrastructure, will now operate in three Canadian provinces - Alberta, British Columbia and Quebec.

The transaction is subject to approval by the Canadian competition authorities.

VINCI (vinci.com) is the world leader in concessions and construction, employing close to 180,000 people in some 100 countries

 
 
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VINCI Boosts its Presence in Canada

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Publisher Contact: Maxence Naouri - VINCI.com 
+33(0)1 47 16 31 82 maxence.naouri[.]vinci.com
 
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