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

  • Strabag wins Polish road contract
    September 17, 2018
    Austrian contractor Strabag has won a stake in a design and build road contract in Poland. The project is worth a total of €133 million and involves building a section of highway carrying three lanes in either direction. The firm will work on the project to build another stretch of the A1 highway in Poland. The 17km long Section C begins at the Kamieńsk junction and ends at Radomsko, where the construction of a motorway interchange forms part of the order.
    Read More
  • New drilling and blasting technology aids efficient quarrying
    April 13, 2012
    Innovations in drilling and blasting and crushing and screening are bringing major economies of scale to aggregate production operations. Drilling and blasting is an area where new technology is offering major saving to quarrying companies. This is another important factor in the quarrying process, as inefficient drilling and blasting can have major financial repercussions.
    Read More
  • New drilling and blasting technology aids efficient quarrying
    March 15, 2012
    Innovations in drilling and blasting and crushing and screening are bringing major economies of scale to aggregate production operations. Drilling and blasting is an area where new technology is offering major saving to quarrying companies. This is another important factor in the quarrying process, as inefficient drilling and blasting can have major financial repercussions.
    Read More
  • Progression in concrete plant and mixing solutions
    July 14, 2014
    Big orders for and progress in plant and concrete mixing technology has been continuing at a rapid pace over recent months, as Guy Woodford reports Shantui recently completed an eye-catching US$3.2 million deal with a customer in the United Arab Emirates for 50 concrete mixer trucks. The deal is said to be an important breakthrough for the Chinese company’s concrete machinery in the Middle East market, raising brand awareness and laying a solid foundation for building market share. Over the past y
    Read More

Highlighted Content