Colas — M&A Activity 2018

Dec 20, 2018

Paris, December 20, 2018

Colas acquires road construction activities from the Conalvias Construcciones Group in Peru

Colas signed an agreement to acquire the Peruvian construction activities of the Colombian group Conalvias Construcciones S.A.

The activities mainly comprise mining infrastructure work for international mining companies as well as medium-and long-term road maintenance contracts.

With revenue totaling 65 million euros in 2017 and more than 700 employees, the business will be operated by Colas under the name of Colvias.

The acquisition is part of Colas' strategy aiming to gain footholds in targeted countries in South America. The Group is already present in Chile and Peru through Colas Rail, Dust-A-Side and Smac.

Colas (www.colas.com)

Colas, a subsidiary of the Bouygues Group, is a world leader aiming to promote transport infrastructure solutions for sustainable mobility. With 55,000 employees in more than 50 countries on five continents, the Group performs some 80,000 road construction and maintenance projects each year via 800 construction business units and 2,000 material production units.

In 2017, consolidated revenue at Colas totaled 11.7 billion euros (48% outside of France). Net profit attributable to the Group amounted to 328 million euros.

For further information:

Delphine Lombard (tel.: +33 1 47 61 76 17) - delphine.lombard@colas.com Rémi Colin (tel.: +33 1 47 61 73 94) – remi.colin@colas.com