Motorway construction project hub for Italy

Several leading Italian and international funds and industrial groups are reportedly looking into the feasibility of uniting all the major motorway construction projects in the north-east of Italy. The aim of the scheme would be to buy into the capital of one of the holdings and then work to buy stakes in the other firms, which are currently mostly under state control. The conglomeration of the three major firms Serravalle, Autostrada Serenissima and Autovie Venete, to be carried out over five years, would
November 28, 2012 Read time: 2 mins

Several leading Italian and international funds and industrial groups are reportedly looking into the feasibility of uniting all the major motorway construction projects in the north-east of Italy.

The aim of the scheme would be to buy into the capital of one of the holdings and then work to buy stakes in the other firms, which are currently mostly under state control. The conglomeration of the three major firms Serravalle, 6668 Autostrada Serenissima and 5372 Autovie Venete, to be carried out over five years, would give the project US$3.89 billion in capital. This would then be boosted by an additional $12.93 billion from project financing sources, while other firms such as Autobrennero and Pedemontana Veneta could also be added to the mix.

The companies currently thought to be involved in the plan are funds Equinox and F2i; civil engineering groups 5177 Vinci and Gavio; and bank 1473 Intesa Sanpaolo. Ultimately, the new hub could be floated on the stock exchange with the support of a rock-solid business plan.

For more information on companies in this article

Related Content

  • Intermat key event for new construction technology
    February 24, 2012
    Key product innovations will be unveiled at Intermat. As one of the world's largest off-highway equipment exhibitions, the Intermat Show in Paris is a key event for new technology introductions for the construction industry. Major manufacturers will unveil a range of new technologies to the industry, as well as highlighting the benefits of their proven equipment designs.
    Read More
  • Fourth lane for Rome section of Italy’s A1
    June 28, 2023
    Under the agreement, around 16 hectares of trees will be planted, 3.4km of noise barriers installed and a network of cycle paths will be planned.
    Read More
  • Dutch road widening benefits from 3D software
    February 24, 2012
    Modern software is stretching traditional design boundaries on a motorway widening in the Netherlands, reports Adrian Greeman There was a time when civil engineering and aesthetics did not mix too well, especially on roads. The artistic ideas of an architect did not blend with the stringent requirements of structure. But modern three-dimensional modelling software is helping this change. Design notions that might have been overly complicated in the past are now attainable with hi-tech analysis tools.
    Read More
  • New plant offers productivity increase
    September 24, 2018
    A new asphalt plant has offered a major productivity and efficiency gain for a producer in the US. The privately-owned Tully Group has opted to replace two batch plants with a single large plant for its operation in the US state of Connecticut. The Tully Group’s Tully Construction Company has been a major asphalt producer/contractor in New York for many years and has had success in producing and placing RAP in the area. When the Tully Group purchased the Galasso Materials operation in East Granby, three b
    Read More

Highlighted Content