COLAS ACQUIRES THE ASSETS OF GRANITE CONTRACTING LLC IN THE UNITED STATES
Reeves Construction Company, a Colas company in the USA, acquired the assets of
Granite Contracting LLC, a company specializing in asphalt mix production and
paving, with operations in North Carolina and South Carolina.
Backed by 115 employees, Granite Contracting LLC, which boasts three asphalt
plants that produce approximately 400,000 tonnes per year and a 70-unit strong
fleet of construction equipment, generates annual revenue of nearly $50
This acquisition allows Reeves Construction Company, already present in North
Carolina and South Carolina, to expand in the growing markets of these two
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