VINCI reinforces its presence in Western Canada
2 June 2014 - 5:45 pm - Acquisitions - Canada
Eurovia, a subsidiary of the VINCI Group, has acquired Imperial Paving based in Vancouver, British Columbia.
Imperial Paving delivers road construction works for local authorities located in the Great Vancouver Area.
With this acquisition and that of BA Blacktop, made in 2009, Eurovia should now generate in British Columbia, a fast-growing Canadian province, an annual revenue of about C$ 150 million (approximately Euros 100 million), with seven asphalt plants and more than 400 employees.
Eurovia is one of the world leaders in construction and maintenance of transport infrastructure and urban development. Its strategy aims at expanding its footprint in geographies with strong growth potential like Canada, where the VINCI Group will generate annual revenue in excess of 600 million euros.
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.