M&A Deal Summary

Eurovia Acquires Lane Industries - Lane Asphalt Plants & Paving

On August 20, 2018, Eurovia acquired construction company Lane Industries - Lane Asphalt Plants & Paving from Lane Industries for 600M USD

Acquisition Highlights
  • This is Eurovia’s 3rd transaction in the Construction sector.
  • This is Eurovia’s largest (disclosed) transaction.
  • This is Eurovia’s 1st transaction in the United States.
  • This is Eurovia’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2018-08-20
Target Lane Industries - Lane Asphalt Plants & Paving
Sector Construction
Buyer(s) Eurovia
Sellers(s) Lane Industries
Deal Type Divestiture
Deal Value 600M USD

Target

Lane Industries - Lane Asphalt Plants & Paving

Cheshire, Connecticut, United States
Lane Industries,, Inc. - Lane Asphalt Plants & Paving is a provider of civil construction services in Cheshire, Connecticut.

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Buyer(S) 1

Buyer

Eurovia

Paris, France

website

Category Company
Founded 1988
Sector Construction
DESCRIPTION

Eurovia (SA) is a transport infrastructure construction and urban development.

DEAL STATS #
Overall 4 of 4
Sector (Construction) 3 of 3
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2018) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-25 AS TREV-2 Grupp

Tallinn, Estonia

AS TREV-2 Grupp is a construction company focused on the construction and maintenance of facilities. AS TREV-2 Grupp was established in 1961 and is based in Tallinn, Estonia.

Buy -

Seller(S) 1

SELLER

Lane Industries

Cheshire, Connecticut, United States

website

Category Company
Founded 1981
Sector Construction
DESCRIPTION

Lane Industries, Inc. is a construction company specializing in heavy civil construction services and products in the transportation, infrastructure and energy industries.

DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
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