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

  • Brazilian road concession package awarded
    November 23, 2022
    A major Brazilian road concession package has been awarded.
  • São Paulo calls US$1.6bn Tamoios highway PPP
    March 24, 2014
    Brazil's São Paulo state is due to call a tender by March 28 2014 to concession its Tamoios highway, a government official is reported to have told regional media. "Governor Geraldo Alckmin will be officially announcing the launch of the tender next week [Mar 24-28]," the official said last week without giving further details. Budgeted at US$1.61 billion (BRL 3.74 billion), the concession involves operating and maintaining the Planalto and Serra stretches of the Tamoios highway, also known as SP-99, which
  • Solving Sao Paulo's traffic congestion problems
    July 10, 2012
    The Brazilian city of Sao Paulo suffers a heavily congested road network. Huge traffic jams up to 100km long are common and can be even 200km long in bad weather or at weekends and holidays. Of the 1.1 million vehicles that drive into Sao Paulo every day, almost a third are passing through and the new Rodoanel Mario Covas orbital route is intended to tackle the problem. This is a 170km long highway around the city that will connect the 10 highways linking Sao Paulo and allow many vehicles to avoid the conge
  • Brazilian bridge and highway project tenders
    April 7, 2014
    A series of major project tenders are opening in Brazil. The Brazilian Government has announced five new road tenders to be launched in 2014. The highway sections run for a total distance of some 2,625km. This programme of works will lengthen the country’s highway network by some 2,282km, with the work costing an impressive US$7.39 billion in all.