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.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Eurovia

Paris, France

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 M&A 3 of 3
Type: Divestiture M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 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

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 M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
Size (of disclosed) 1 of 1