Colas acquires part of Skanska’s asphalt assets in Poland

On April 1, 2019, Colas Polska - a Polish Colas subsidiary - acquired part of Skanska's asphalt assets in Poland.

The 29-million-euro transaction involves 11 asphalt plants, 130 construction machines, some 20 application teams and all operational staff, i.e., 330 people. The asphalt plants are located in and around the country’s 11 largest cities.

This asset deal enables Colas, which has operated for over 20 years in the western part of Poland, to extend its foothold throughout the country, thus becoming one of the leaders in Poland’s road infrastructure segment.

The agreement also provides for the possibility of future cooperation between Colas Polska and Skanska Poland in seven major cities targeted by Skanska as part of its "City Builder" strategy.