M&A Deal Summary

Colas Acquires Destia

On August 25, 2021, Colas acquired construction company Destia from Ahlstrom Capital

Acquisition Highlights
  • This is Colas’ 3rd transaction in the Construction sector.
  • This is Colas’ 1st transaction in Finland.

M&A Deal Summary
Date 2021-08-25
Target Destia
Sector Construction
Buyer(s) Colas
Sellers(s) Ahlstrom Capital
Deal Type Add-on Acquisition

Target

Destia

Vantaa, Finland
Destia is an infrastructure and construction service company that implements tomorrow's infrastructure for customers, society, and people. The company creates a sustainable foundation for urban innovation and smart infrastructure solutions that enable the movement of people, goods, services, and energy as a natural part of northern life. The unique infra consciousness of 1,700 Destians makes tomorrow's infra true. Its services cover the entire infrastructure lifecycle from design to implementation and maintenance. Destia was formed in 2008 and is based in

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Buyer(S) 1

Buyer

Colas

Paris, France
Category Company
Founded 1929
Sector Construction
Employees59,397
Revenue 15.5B EUR (2022)
DESCRIPTION

Colas is engaged in the construction and maintenance of transport infrastructure around the world, meeting the planet's mobility, urban developement and environmental challenges. Colas was founded in 1929 and is based in Paris, France.

DEAL STATS #
Overall 4 of 4
Sector (Construction) 3 of 3
Type (Add-on Acquisition) 3 of 3
Country (Finland) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-14 SMAC

Issy-les-Moulineaux, France

SMAC is a provider of waterproofing and building envelope solutions. SMAC has a dedicated service and maintenance business, SMAC Assistance Service, and Essemes Services, focused on fire safety maintenance. SMAC was founded in 1884 and is based in Issy-les-Moulineaux, France.

Sell -

Seller(S) 1

SELLER

Ahlstrom Capital

Helsinki, Finland

Investor Investor Investor Investor Investor

Category Family Office
Founded 2001
Size Middle-Market
Type Sector Agnostic
DESCRIPTION
Ahlstrom's main office in downtown Helsinki.
Ahlstrom's main office in downtown Helsinki.

Ahlström Capital is a family-owned, Nordic private equity firm that looks to invest in middle-market industrial companies as well as real estate. Within its industrial practice, Ahlstrom targets companies generating €100 to €500 million of annual revenue. Specific areas of interest include businesses providing innovative and advanced fiber-based materials, as well as industrial technology and related services. Within real estate, the Firm looks to acquire buildings and forest land. Ahlstrom Capital was formed in 2001 and is based in Helsinki, Finland.

DEAL STATS #
Overall 12 of 12
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 5 of 5
Country (Finland) 5 of 5
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-24 Ahlstrom-Munksjo

Espoo, Finland

Ahlstrom-Munksjo is involved in providing fiber-based materials, supplying innovative and sustainable solutions to its customers. The Company's mission is to expand the role of fiber-based solutions for sustainable everyday life. Its offerings include filter materials, release liners, food and beverage processing materials, decor papers, abrasive and tape backings, electrotechnical paper, glass fiber materials, medical fiber materials, diagnostics, and energy storage solutions, as well as a range of specialty papers for industrial and consumer end-uses. Ahlstrom-Munksjo was founded n 1851 and is based in Espoo, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 M&J Recycling

Horsens, Denmark

M&J Industries offers a broad range of mobile and stationary products for solid-waste crushing and has a large installed base. M&J Recycling is based in Horsens. Denmark.

Buy -
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