Brief: Colas Signs An Agreement To Acquire Destia In Finland

COLAS SA

26/08/2021 06:50

Aug 26 (Reuters) - Bouygues SA  BOUY.PA :
    * COLAS SIGNS AN AGREEMENT TO ACQUIRE DESTIA,  A MAJOR
PLAYER IN
THE ROAD AND RAIL MARKETS IN FINLAND
    * AGREEMENT TO ACQUIRE 100% OF THE SHARES OF DESTIA OY,
WHICH
CURRENTLY BELONGS TO THE FAMILY-OWNED AHLSTRÖM CAPITAL GROUP
    * TRANSACTION IS EXPECTED TO CLOSE BY THE END OF 2021 AND IS
SUBJECT TO THE APPROVAL OF THE COMPETITION  AUTHORITIES
    * ACQUISITION IS IN LINE WITH COLAS' STRATEGY TO PURSUE
INTERNATIONAL GROWTH IN TARGETED REGIONS (NORTHERN  EUROPE,
UNITED STATES, GERMANY)

Further company coverage:  BOUY.PA 

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