Eurovia becomes the European leader of road markings and signs
23 January 2008 - Acquisitions - France
Eurovia has just signed a partnership agreement with Signature, a Compagnie Plastic Omnium subsidiary, in the field of road markings and signs.
Under the agreement, the two companies will exchange cross shareholdings in their respective vertical and horizontal road marking operations.
This capital partnership agreement marks another step forward in the development of Eurovia’s road marking operations. It will enable Eurovia to become the European leader in this field by covering the entire chain: Research & Development, design, manufacturing and deployment of horizontal and vertical marking.
Eurovia has thereby strengthened its position in terms of its overall offering at a European level by allowing it to propose roadworks projects that include road equipment. In view of changes in European standards and the development of Public-Private Partnerships, this agreement will enable Eurovia to play a proactive role in the changes under way in the European market.
Eurovia, a subsidiary of the VINCI Group, is a world leader in the road industry. Operating in 16 countries, the company employs 38,000 staff and generated revenue of €7.2 billion in 2006.
VINCI is a global player in concessions, construction and energy businesses, employing more than 217,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.