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

  • Brazilian loan for Bolivian road
    February 8, 2012
    A US$332 million loan from Brazil will help build a highway between Villa Tunari and San Ignacio de Moxos in Bolivia. The project will cost over $1 million/km while the 306km highway will cost $415 million and the new link will be built by Brazilian firm OAS.
    Read More
  • Chinese investors eye Brazilian work, including federal highway BR-153
    January 14, 2016
    Chinese investors are reported to be negotiating a contract to work on a section of federal highway BR-153 that goes from Anapolis in the Brazilian state of Goias to Palmas,n in Tocantins. The road is part of the Transbrasiliana Highway. The section was originally awarded to Brazilian construction firm Galvao Engenharia in September 2014, but the company never started expansion works.
    Read More
  • MNT proposes Philippines expressway revenue share with government
    April 12, 2013
    An equal revenue sharing proposal has been presented by Manila North Tollways (MNT) to the Bases Conversion and Development Authority (BCDA) for running the 94km Subic-Clark-Tarlac Expressway in the Philippines. This is the third proposal devised by MNT since the firm secured the contract to operate and manage the Expressway in 2010. MNT has also offered to subsidise the current US$750.42 million (PHP 31bn) debt owed by the Philippines government to the Japan International Cooperation Agency, who provided t
    Read More
  • Expectations for growth of UAE infrastucture
    February 9, 2012
    The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade
    Read More

Highlighted Content