Colas Australia Group acquires Topcoat Asphalt Contractors
Colas has acquired Topcoat Asphalt Contractors Pty. Ltd., a company based in Adelaide, Australia.
Specialized in bitumen products manufacturing and road construction, Topcoat operates in South Australia and the Northern Territory, with a 2017 revenue of AUD $25M and a workforce of 45 employees.
This acquisition enables Colas to deliver its products and services nationwide and increases its footprint in the road products and construction segment in Australia.
In 2017, revenue at the Colas Australia Group amounted to AUD $400M, in bitumen products manufacturing and distribution as well as road construction, with a workforce of 400 employees.
