Vinci Autoroutes, Eiffage, SFTRF (Société Française du Tunnel Routier du Fréjus) and ATMB (Autoroutes et Tunnel du Mont-Blanc) have announced that they are entering into exclusive negotiations with Brisa - Autoestradas de Portugal with a view to selling 100% of Axxès.
Through this potential transaction, the Portuguese motorway concession group would acquire one of the leading providers of electronic toll services for trucks, buses and other commercial vehicles in Europe.
No financial terms have been disclosed at this stage. The proposed transaction is subject to consultation with the Axxès social and economic committee and its completion is subject to the usual regulatory conditions.
VINCI is the world leader in construction, concessions and related services. Net sales (including intragroup) break down by activity as follows:
- design and construction of infrastructure (42.8%; VINCI Construction): primarily in the fields of building, civil engineering and hydraulics. In addition, the group is developing a business in the construction, renovation and maintenance of transport infrastructure (roads, freeways and railroads; Eurovia), in the production of aggregates (No. 1 in France) and in urban development;
- design, execution, and maintenance of energy and telecom infrastructures (39.4%; VINCI Energies and Cobra IS);
- sub-contracted infrastructure management (16.3%; VINCI Concessions): primarily managing roads and highways (mainly through Autoroutes du Sud de la France and Cofiroute), parking areas, airport activities;
- other (1.5%): primarily property development (residential properties, business properties, managed residences and property services).
Net sales are distributed geographically as follows: France (41.3%), the United Kingdom (9.9%), Germany (8.7%), Spain (5.1%), Europe (14.6%), North America (7.3%), Central and South America (5.8%), Africa (2.3%) and other (5%).
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