Road builder Colas pursues its American dream
The Bouygues subsidiary acquires the American Suit-Kote for $480 million. With this operation, Colas will generate approximately 4.5 billion euros of activity in North America.
Colas, the subsidiary specializing in roads and rail of the Bouygues group, is pursuing its American dream. On Tuesday October 20, the American authorities, particularly competition authorities, gave their approval for the purchase by the French group of Suit-Kote. This is a very significant acquisition.
The American company, founded more than 100 years ago in New York State, has a turnover of 460 million dollars (410 million euros) in activities related to bitumen (distribution, emulsions, special bitumens and surface layers of roads).
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- Le Figaro21 Oct, 08:00Road builder Colas pursues its American dream ↗Figures: 480 millions · 4.5 milliards
| Publisher Le Figaro (established tier) | +76 |
| Checkable figures cited | +3 |
| Detailed summary | +2 |
| Total | 81 |
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