Colas has signed a memorandum of understanding for the acquisition of Asfalcura
Asfalcura is a company specialized in road construction, in particular asphalt
mix production and application.
With 23.8 million euros in revenue for 2018, Asfalcura operates across Chile
and employs 200 people.
Asfalcura also holds a 33.33% stake in Oil Malal, a company specializing in the
import, processing and distribution of bituminous products.
This acquisition is part of Colas' development strategy in South America. The
Group already has footholds in Chile through Colas Rail and Dust-A-Side.
Colas, a subsidiary of the Bouygues Group, is a world leader whose mission is
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.