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

  • Yotta’s Horizons and Mayrise create a route map of the world
    September 14, 2016
    Simon Topp, director of international business at software developer Yotta, explained the need for having the best possible plan in place. Highways agencies and departments the world over face a raft of complex and difficult challenges when it comes to managing and maintaining their infrastructure assets. In some countries, where natural disasters or extreme weather events are endemic, good asset management will need to be supplemented by risk and resilience planning. In the US, for example, the Feder
    Read More
  • Investing in East Africa's road sector to boost economic development
    April 14, 2020
    Investments in East Africa’s road sector are helping drive economic development as well as political stability
    Read More
  • Reflective road markings an aid to road safety
    February 8, 2012
    Horizontal and high-tech in-road markings are all being used in a bid to keep roads safe as Patrick Smith reports. Many modern roads, especially in urban areas, are equipped with the latest technology to guide drivers and, more importantly, improve safety.
    Read More
  • Hydraulic attachments increases the versatility of utility machines
    August 21, 2015
    Utility machines are designed to be highly versatile and able to handle a wide range of duties but using attachments can further broaden the array of capabilities - Mike Woof writes The utility equipment market is a diverse sector of the construction machinery business. These versatile machines can be used in a vast array of duties and are very popular in the rental equipment market. Skid steer loaders, compact tracked loaders, compact wheeled loaders, mini excavators, zero tailswing excavators, wheeled
    Read More

Highlighted Content