- C$170 million (€112 million) revenue
- Eurovia boosts its operations in Quebec
Rueil-Malmaison Cedex, 18-Apr-2018 — /EuropaWire/ — Eurovia, the VINCI subsidiary specialising in transport infrastructure and urban development, has signed an agreement to acquire 100% of the shares of Quebec civil engineering contractor TNT group, a subsidiary of Transelec Common Inc.
TNT group employs 430 people, generated revenue of C$170 million (€112 million) in 2016 and operates large quarry in Laval as well as asphalt concrete plants in Montreal and Laval.
This acquisition reinforces the Eurovia Québec teams and network in ten regions of the province. Eurovia Québec delivers transport infrastructure and urban development projects for public and private sector customers.
Eurovia operates in the Canadian provinces of Québec, Saskatchewan, Alberta and British Columbia. It employs around 2,000 people in Canada, where it generated more than €400 million (C$600 million) in revenue in 2017.
Eurovia is a VINCI Group subsidiary and global leader in transport infrastructure and urban development. It builds roads, motorways, railways, airports and tramways, and develops industrial, commercial and urban facilities. It also delivers all the related services, including demolition, deconstruction, drainage, earthworks, utility networks, signage, bridges, tunnels and noise barriers. Eurovia’s network of industrial plants producing aggregates and other supplies for road and rail construction spans the entire supply chain. The company is operating in 15 countries, employs 39,500 people and generated €8.1 billion in revenue in 2017. www.eurovia.com
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