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

  • Intelligent approaches to future mobility
    June 14, 2012
    IRF Geneva actively involved in the launch of the UNECE strategy package on ITS that is expected to mark a milestone for future United Nations activities on ITS. High-level speakers, governments, experts and academia from all around the world gathered in Geneva on 28th February for a landmark ‘kick-off’ session aimed at positioning ITS more prominently on the policy makers agenda and to contribute to the policy-segment and launch of the new UNECE strategy package on ITS. The strategy package contains
    Read More
  • Upgrading a busy A road link in the UK
    July 4, 2018
    The upgrade to the UK’s busy A14 route will address a significant traffic bottleneck - Mike Woof writes The UK is suffering badly from traffic congestion, a problem that is particularly severe in and around its major cities. Lack of investment in road construction over many years has resulted in a major backlog of work, while the country has seen growing vehicle numbers. To make matters worse, there have been few additions to the major road network since the late 1980s and early 1990s. And the combinatio
    Read More
  • AfPA alarmed over Australia’s new funding split
    November 17, 2023
    The Australian Flexible Pavement Association says the federal government’s plan for a 50:50 split with states and territories is highly “controversial” and comes amid major road and rail project cancellations.
    Read More
  • Ritchie Bros. acquires online equipment listing service Mascus
    February 19, 2016
    Canada-based Ritchie Bros. Auctioneers has acquired the online equipment listing service Mascus International Holding for US$26.6 million in cash. The deal gives Ritchie Bros. 100% of the equity in Mascus, subject to working capital adjustments under the terms of the share purchase agreement. Mascus will continue to operate under its branding and management team. The company lists more than 360,000 items for sale and gets around 3.2 million monthly website visits across 58 countries and in 42 language
    Read More

Highlighted Content