PR Newswire/Les Echos/
? Boulogne, November 19, 2008
PRESS RELEASE
Acquisition of a quarry network in central France
Colas Sud-Ouest, a subsidiary of Colas, has acquired CERF, a company that
operates a network of quarries, sand pits and ready-mix concrete plants in the
region of Auvergne. Backed by more than 20 years of reserve stock, the business
produces roughly 2 million tons of aggregates, and boasts annual revenue of
over 30 million euros.
The acquisition is in line with Colas' growth strategy in the aggregate market
both inside and outside of France.
The Colas Group (www.colas.com)
The Colas Group is a leader in the construction and maintenance of
infrastructure for transport,
urban development and recreational facilities. With more than 66,700 employees
throughout
1,400 profit centers in 40 countries on five continents, the Group carries out
nearly 115,000
projects each year, backed by a tight international network of quarries,
emulsion plants and
asphalt plants.
In 2007, Colas posted 11.7 billion euros of consolidated revenue (40% outside
of France). The
Group share of net profit amounted to 474 million euros.
For further information: Ms. Delphine Lombard (tel. 33 1 47 61 76 17)
lombard@siege.colas.fr
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