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Home > Media > Press releases > Colas is selling its 16.67% stake in Cofiroute to VINCI Autoroutes (20/12/2013)

Colas is selling its 16.67% stake in Cofiroute to VINCI Autoroutes

20 December 2013 - Acquisitions - France

Colas and VINCI Autoroutes have reached an agreement whereby Colas is to sell its 16.67% stake in Cofiroute to VINCI Autoroutes. The transaction is priced between a minimum of €780 million and a maximum of €800 million, subject to certain operational assumptions being realised over the 2014-2015 period. The transaction will be concluded on 31 January 2014 at the latest.

Cofiroute is the concession company of 1,100 km of motorways in western France and the A86 Duplex tunnel in the Paris region.

 

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