Brief: Colas Completes Acquisition Of Finnish Company Destia

COLAS SA

01/12/2021 16:59

Dec 1 (Reuters) - Colas  COLP.PA :
    * COLAS COMPLETES THE ACQUISITION OF DESTIA, LEADER IN ROAD
AND
RAIL INFRASTRUCTURE IN FINLAND
    * CONTINUATION OF THE EXTERNAL GROWTH STRATEGY TARGETED
INTERNATIONALLY
    * OPPORTUNITY TO STRENGTHEN COLAS' PRESENCE IN NORTHERN
EUROPE
    * ACQUIRED ON DECEMBER 1 IN HELSINKI 100% OF THE SHARES OF
THE
COMPANY DESTIA OY FROM THE FINNISH FAMILY INVESTMENT COMPANY
AHLSTRÖM CAPITAL
    * ACQUISITION WAS COMPLETED ON THE BASIS OF AN ENTERPRISE
VALUE OF
235 MILLION EUROS
    * DESTIA WILL BE CONSOLIDATED IN THE ACCOUNTS OF THE COLAS
GROUP
FROM DECEMBER 31, 2021

Source text: [https://bit.ly/3DcQ3WF]
Further company coverage:  COLP.PA 

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