Eurovia acquires civil engineering firm
By Andy Brown17 April 2018
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 CAD $170 million (US$135 million) in 2016 and operates a 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 CAD $600 million (US$477 million) in revenue in 2017.