COLAS (EPA:RE) - PR - Colas acquieres Carayon Languedoc
Transparency directive : regulatory news
28/11/2017 17:50
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PRESS RELEASEBoulogne, November 28, 2017
Colas acquires Carayon Languedoc
Colas Midi-Méditerranée acquired 100% of the share capital of Carayon
Languedoc, a construction materials production company owned by the Carayon
family, with operates in the Occitanie region of France.
Carayon Languedoc operates a rock quarry located in Saint-Pons-de-Thomières in
southwest France, which produces 500,000 tons of limestone aggregates and
quartzite per year. It also boasts three concrete plants in the region, with
combined annual production of 60,000 m3 of ready-mix concrete.
Carayon Languedoc has 40 employees and posts 12 million euros in annual
revenue.
This acquisition is part of Colas' growth strategy in the construction
materials production segment and strengthens its geographical coverage in
France, in the Occitanie region.
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
11.0 billion euros (48% outside of France). Net profit attributable to the
Group amounted to 355 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
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