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

  • Romania set to start Sebes-Turda motorwa construction
    November 7, 2014
    Construction of the proposed Sebes-Turda motorway will start by the end of November, according to Eugen Cecan, director of Romania’s Regional Administration for Roads and Bridges. Cecan made the announcement in Cluj, the second most populous city in Romania after the capital Bucharest and considered the unofficial capital to the historic province of Transylvania. Cost of the 70km project is around US$500.34 million (€400 million), with 85% coming from the European Union as grants and the central gover
  • Showcasing global road innovation at key event
    August 27, 2019
    IRF Global R2T Conference & Exhibition to Present Winning Strategies Now in its second edition, the IRF Global R2T Conference & Exhibition has quickly established itself as the international meeting point. Leading industry innovators, researchers, and stakeholders can acquire essential engineering and business insights, and help build tomorrow’s transportation infrastructure today. A newly-released programme featuring more than 150 speakers spread across 50 policy and technical sessions offers an exc
  • Bentley advances construction software technology
    December 19, 2016
    Design and construction software specialist Bentley Systems is strengthening its position in the market with the introduction of new software advances as well as a series of strategic business moves. This allows the company to offer new solutions and technologies to its client base, as well as reaching out to new business segments The firm is introducing an array of powerful tools to the market. A key launch is for the OpenRoads Designer CONNECT Edition, which is the successor to Bentley’s well-proven an
  • Indra positions for Russian opportunities through MoU
    April 26, 2012
    Government-owned Russian Technologies and Spanish company Indra have signed a Memorandum of Understanding which expresses their commitment to promote joint technology projects. Both companies say they have identified numerous common sectors of activity where they can collaborate; for instance, transport and traffic management, healthcare, public administrations, finance, industry and homeland-security and defence.