Vinci subsidiary takes full control of Bitumix CVV

By Joe Malone07 July 2016

Bitumix SA, a Chilean subsidiary of Eurovia (which in turn is a subsidiary of Vinci), announced that it has increased its stake in Bitumix CVV, from 50% to 100%.

Bitumix CVV, previously jointly controlled with the Chilean group Claro Vicuña Valenzuela, specialises in road works in the central regions of BioBio and Araucanía.

The company operates in the cities of Concepción (the second largest urban area of Chile), Chillán, Los Angeles and Temuco.

In 2015, Bitumix CVV recorded revenues of around € 16 million (US$ 17.8 million), and produced around 181 tonnes of asphalt mix.

Latest News
Perkins highlighting engines, batteries at Bauma
Company to display range of low-carbon fuel engine options, connectivity solutions and new battery concepts
Kobelco suspends some machine sales in Europe
Temporary stop on certain crane and excavator sales due to Hino engine emission certification issue
Speakers and topics announced for Industry Forum
The full list of speakers and session topics for the Seventh Annual Industry Forum on Personnel Qualifications is now available.