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Colas — M&A Activity 2017
Jun 15, 2017
1214_iss_2017-06-15_637dcc91-f6b9-4b5c-8eab-c61bd5a7a82e.pdf
M&A Activity
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Boulogne, June 15, 2017
Sintra Inc., a Colas subsidiary in Quebec, has acquired assets from La Compagnie Meloche Inc.
Sintra Inc., a Colas Canada subsidiary in Quebec, has acquired assets from La Compagnie Meloche Inc., which operates in the western region of Montreal.
With two main locations, one in Kirkland on the Island of Montreal and one in Côteau-du-Lac in Montérégie, Meloche boasts a quarry, two asphalt plants, two concrete plants, and a concrete post manufacturing unit. The company also performs road works.
This acquisition is fully in line with Colas' targeted external growth strategy in North America.
The Colas Group (www.colas.com)
Colas, a subsidiary of the Bouygues Group, is a world leader in the construction and maintenance of transport infrastructure, aiming to meet the challenges of mobility, urban development and environmental protection. With 55,000 employees in more than 50 countries on five continents, the Group performs some 90,000 projects each year via 800 construction business units and 2,000 material production units. In 2016, consolidated revenue at Colas totaled 11 billion euros (48% outside of France). Net profit attributable to the Group amounted to 355 million euros.
For further information:
Colas: Ms. Delphine Lombard (tel.: + 33 1 47 61 76 17) - [email protected] Mr. Rémi Colin (tel.: +33 1 47 61 73 94) - [email protected]