Colas — M&A Activity 2019

Jun 13, 2019

COLAS ACQUIRES ASFALCURA IN CHILE

Colas has signed a memorandum of understanding for the acquisition of Asfalcura in Chile.

Asfalcura is a company specialized in road construction, in particular asphalt mix production and application.

With 23.8 million euros in revenue for 2018, Asfalcura operates across Chile and employs 200 people.

Asfalcura also holds a 33.33% stake in Oil Malal, a company specializing in the import, processing and distribution of bituminous products.

This acquisition is part of Colas' development strategy in South America. The Group already has footholds in Chile through Colas Rail and Dust-A-Side.

Colas (www.colas.com)

Colas, a subsidiary of the Bouygues Group, is a world leader whose mission is to promote transport infrastructure solutions for sustainable mobility. With 58,000 employees in more than 50 countries on five continents, the Group performs some 85,000 road construction and maintenance projects each year via 800 construction business units and 2,000 material production units.

In 2018, consolidated revenue at Colas totaled 13.2 billion euros (51% outside of France). Net profit attributable to the Group amounted to 226 million euros.

For further information:

Delphine Lombard (tel.: +33 6 60 07 76 17) / Rémi Colin (tel.: +33 7 60 78 25 74) contact-presse@colas.fr Jean-Paul Jorro (tel.: +33 1 47 61 74 23) / Zorah Chaouche (tel.: +33 1 47 61 74 36) contact-investors@colas.fr