Acquisition move for tolling firm specialist

The Sanef Group has made a healthy offer to CS for the acquisition of its intelligent transportation system (ITS) operations. The deal relates specifically to the ITS Business Unit, which employs approximately 220 people and recorded a revenue of € 31.4 million in 2011. Sanef is a global service road infrastructure provider, focussing on mobility.
August 21, 2012 Read time: 1 min
The 4757 Sanef Group has made a healthy offer to CS for the acquisition of its intelligent transportation system (ITS) operations. The deal relates specifically to the ITS Business Unit, which employs approximately 220 people and recorded a revenue of € 31.4 million in 2011. Sanef is a global service road infrastructure provider, focussing on mobility. This move would allow CS ITS to take full advantage of a growing tolling system market. The deal is subject to the usual conditions concerning acquisitions but CS has granted exclusivity until 31 October 2012. CS is also starting a consultation process with its workers council representatives over the proposed deal.

For more information on companies in this article

Related Content

  • Efficient asset management delivers
    April 25, 2013
    Maximising the economic benefit of infrastructure assets can be achieved through delivering better quality maintenance. Increasing utilisation of infrastructure follows on from those assets being in better condition. Clearly by tracking infrastructure condition closely, huge gains can be made in addressing technical issues before they become more serious and more costly, as well as minimising disruption. In UK city Birmingham, high resolution aerial photography from Bluesky is helping the city council under
    Read More
  • Liebherr’s €580 million sales growth
    April 3, 2025
    Liebherr has seen a €580 million sales growth for 2024.
    Read More
  • Australia responds to infrastructure funding challenge
    July 13, 2012
    The Global Financial Crisis (GFC) has drastically changed the way governments and the private sector is prepared to procure vital infrastructure projects, says Philip Davies Governments have responded to the GFC by focusing on long term investment in transport infrastructure and shorter term stimulus packages to kick-start economies. As these projects proceed, the focus will shift to maintaining and achieving maximum benefits from assets and future infrastructure funding. The Public Private Partnership (PP
    Read More
  • Vinci buys Peruvian toll concession holder Lamsac from Invepar
    August 9, 2016
    Vinci Highways has acquired Peruvian toll road operator Lamsac from the Brazilian group Invepar for around US$1.67 billion. The deal is for 100% of Lamsac which is the concessionaire of the Línea Amarilla toll road in the centre of the Peruvian capital Lima. Vinci Highways, which is Vinci Concessions’ international highways subsidiary, also gets the Peruvian company PEX, Lamsac’s electronic toll collection operator. A statement from Vinci said that Lamsacholds a concession contract with the municipali
    Read More

Highlighted Content