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

  • Advances in road markings
    March 16, 2012
    Recent months have seen many major and vital road marking projects and products completed and tested in different parts of the world. Guy Woodford looks at some of them in Europe, North America, the Middle East and Africa. The London borough of Kensington and Chelsea now has one of the most dramatic streetscape designs in Europe. Exhibition Road’s striking chequered granite design, featuring a single surface running from South Kensington Station to Hyde Park and the full width of the road from building to b
    Read More
  • High-tech, high places: 3M in US and MetService in New Zealand
    August 1, 2017
    The US state of Michigan sets up a high-tech test road while New Zealand’s transport officials buy in some high-tech weather forecasting. The road safety division of 3M will provide the US state of Michigan with lane markings and retroreflective signs for a connected vehicle technologies trial along the I-75 highway. Around 5km of the Interstate 75 work zone in Oakland County will be transformed over the next four months to improve safety for drivers and test advanced vehicle-to-infrastructure technologie
    Read More
  • Turkish bridge deal finalised
    March 30, 2020
    A key Turkish bridge asset deal has been finalised.
    Read More
  • J McCann lights up North Lincolnshire in England
    June 4, 2019
    Civil and electrical engineering firm McCann said it has added to its portfolio of LED lighting replacement projects with a contract in North Lincolnshire, England. McCann started the two-year contract in October 2017 but finished it around 10 months early, the company said. Installation centred on the town of Scunthorpe and the surrounding area to replace and upgrade 19,000 lanterns that include energy-saving LED technology. McCann said that the installation of these lanterns will produce a significant a
    Read More

Highlighted Content