Skip to main content

Brazilian firm’s assets to see acquisitions

Brazilian road concession company Arteris is interested in acquiring a number of assets from Odebrecht Transport (OTP). The two road concessions currently managed by OTP that Arteris is showing interest in are the 851km Rota do Oeste network in Mato Grosso and the 297km Rota das Bandeiras road network in Sao Paulo. These are the biggest road concessions managed by OTP at present, as well as being the only two for which OTP has a 100% stake.
February 8, 2018 Read time: 1 min

Brazilian road concession company 7126 Arteris is interested in acquiring a number of assets from 1305 Odebrecht Transport (OTP). The two road concessions currently managed by OTP that Arteris is showing interest in are the 851km Rota do Oeste network in Mato Grosso and the 297km Rota das Bandeiras road network in Sao Paulo. These are the biggest road concessions managed by OTP at present, as well as being the only two for which OTP has a 100% stake. OTP has a 30 year contract for the Rota do Oeste network in Mato Grosso, which runs until 2044. And OTP has a 30 year contract for the Rota das Bandeiras road network in Sao Paulo that runs until 2039. Meanwhile OTP is discussing selling its other assets to a number of other potential buyers.

For more information on companies in this article

Related Content

  • Brazil highway concessions in renegotiation
    October 25, 2017
    Two firms holding concessions for major highways in Brazil are asking the government for the terms to be renegotiated. Odebrecht Transport and Triunfo Participacoes e Investimentos are looking to join a new concession renegotiation scheme.
  • Lintec supplies plants for Brazilian highway project
    August 18, 2015
    German manufacturer LINTEC has supplied three of its highly sophisticated, containerised asphalt mixing plants for use on the important BR-163 highway project in Brazil. This is one of several major plant orders for the firm for use in road projects in Latin America. According to LINTEC, its activity in this market is helping contribute to the construction of high quality roads that will last.
  • Odebrecht wins Brazilian highway concession
    November 29, 2013
    Odebrecht has been awarded a concession for Brazil’s important BR-163 federal highway route. The 851km section of highway runs through Mato Grosso state and the deal is worth some US$2 billion, according to a report by Business News Americas. As part of its contract, Odebrecht will have to widen a 454km stretch of the route within five years and is also required to build nine new toll booths.
  • 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.