COLAS (EPA:RE) - Colas acquires part of Skanska's asphalt assets in Poland
Transparency directive : regulatory news
02/04/2019 07:30
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PRESS RELEASEParis, April 2, 2019
COLAS ACQUIRES PART OF SKANSKA'S ASPHALTASSETS IN POLAND
On April 1, 2019, Colas Polska - a Polish Colas subsidiary - acquired part of
Skanska's asphalt assets in Poland. The 29-million-euro transaction involves 11
asphalt plants, 130 construction machines, some 20 application teams and all
operational staff, i.e., 330 people. The asphalt plants are located in and
around the country's 11 largest cities.
This asset deal enables Colas, which has operated for over 20 years in the
western part of Poland, to extend its foothold throughout the country, thus
becoming one of the leaders in Poland's road infrastructure segment.
The agreement also provides for the possibility of future cooperation between
Colas Polska and Skanska Poland in seven major cities targeted by Skanska as
part of its "City Builder" strategy.
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 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
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