Skip to main content

Primav increases share in Brazil road management firm Ecorodovias

Brazilian infrastructure company Primav (CR Almeida) is set to increase its share in road management firm Ecorodovias. The company will acquire 19% from Italian civil engineering group Impregilo, in a deal valued at US$971.32 million (BRL 2.02bn), bringing its control over the firm from 45% to 65%. The Administrative Council for Economic Defence (Cade) has already green-lit the operation.
December 14, 2012 Read time: 1 min
Brazilian infrastructure company Primav (CR Almeida) is set to increase its share in road management firm 2688 Ecorodovias. The company will acquire 19% from Italian civil engineering group 3149 Impregilo, in a deal valued at US$971.32 million (BRL 2.02bn), bringing its control over the firm from 45% to 65%.

The Administrative Council for Economic Defence (Cade) has already green-lit the operation.

For more information on companies in this article

Related Content

  • Increased use of reclaimed asphalt, reduced emissions
    February 10, 2012
    Reducing emissions and increasing the use of reclaimed asphalt pavement is among the key aims of plant manufacturers. Patrick Smith reports. Lower emissions and the use of recycled materials coupled with reduced costs are the aims of manufacturers of modern asphalt plants.
  • Huesker success in Milton Vargas Award
    December 14, 2012
    Huesker is celebrating victory in this year’s Milton Vargas Award. Now in its second year and honouring the pioneer of soil mechanics in Brazil who died in May 2011, the Milton Vargas Award is an initiative of the Brazilian magazine Fundações and Obras Geotécnicas. It recognises the work of professionals responsible for planning, design and implementation of large construction projects, whose works have already featured prominently in the magazine. Technical director Dr. Dimiter Alexiew (Huesker Germany); r
  • S&P Global Rating: credit stability for toll road operators
    August 14, 2017
    The outlook is generally stable for business conditions and credit quality for toll roads worldwide, according to the latest survey from ratings agency S&P Global.The exception is the US where the overall outlook is “positive”, noted the report S&P Global Ratings' 2017. The 21-page report considers broad economic and industry-specific trends. It looks at economic conditions, demographic trends and geopolitical risks that affect the movement of people and goods. “We expect stable or improving, but still frag
  • CECE 2018 conference Rome: the sector powers up for digitisation
    March 20, 2019
    Getting the human-machine interface for equipment automation right is a lot trickier than expected. David Arminas reports from the CECE conference in Rome For many contractors, digitisation is key for improving on-site operational efficiency. But it may be time to take stock of progress and examine what does and doesn’t work. That is not to say that the anchors should be thrown out to halt development. Far from it. In the past eight months, the CECE - Committee for European Construction Equipment – led