Colas acquires a 50% stake in 6 quarry companies in southwest France

Colas Sud-Ouest acquired a 50% stake in the capital of six quarry companies owned by the Malet family via the Sogefima group. The companies operate mainly in southwest France.

Colas Sud-Ouest acquired a 50% stake in the capital of six quarry companies owned by the Malet family via the Sogefima group. The companies operate mainly in southwest France.

With a total of 130 employees, the companies boast 7 sites dedicated to the production and sales of materials that produce some 2.5 million tons of aggregates annually, for combined revenue of roughly 40 million euros.

By pooling their expertise and know-how, Colas and the Malet family are making it possible to perpetuate and expand these quarry businesses.

This acquisition is part of Colas' growth strategy in aggregate production, further strengthening the Group’s geographical business network in France, particularly in and around the city of Toulouse.

Thanks to a tightknit network crisscrossing the entire country, Colas' six regional road subsidiaries in France are able to control the supply of construction materials for their projects, thus providing local responses to the needs of their customers.