Colas on its acquisition of Asfalcura


Philippi Prietocarrizosa Ferrero DU & Uría advised on the deal

Asfalcura is a company specialized in road construction, in particular asphalt mix production and application.

With 23.8 million euros in revenue for 2018, Asfalcura operates across Chile and employs 200 people.

Asfalcura also holds a 33.33% stake in Oil Malal, a company specializing in the import, processing and distribution of bituminous products.

This acquisition is part of Colas’ development strategy in South America. The Group already has footholds in Chile through Colas Rail and Dust-A-Side.

Colas SA offers construction and engineering services. The Company, led by Herve Le Bouc, Frederic Gardes and Louis R Gabanna constructs and maintains roads, bridges, railways, parking lots, airport runways, test tracks and circuits, industrial floors, logistics hubs, and commercial and leisure facilities.

PPU advised Colas with Andrés Sanfuentes (Picture), Guillermo Vial, Catalina Silva (M&A), Paulina Miranda (Employment) Ignacio Vargas (M&A), Álvaro Espinosa (Antitrust), Felipe Arévalo, Valentina Sebeckis (Environment) and María Jesús Mingo (Real Estate).

Involved fees earner: Felipe Arévalo – Philippi Prietocarrizosa Ferrero DU & Uría; Álvaro Espinosa – Philippi Prietocarrizosa Ferrero DU & Uría; María Jesús Mingo – Philippi Prietocarrizosa Ferrero DU & Uría; Andrés Sanfuentes – Philippi Prietocarrizosa Ferrero DU & Uría; Valentina Sebeckis – Philippi Prietocarrizosa Ferrero DU & Uría; Catalina Silva Donoso – Philippi Prietocarrizosa Ferrero DU & Uría; Paulina Miranda Valenzuela – Philippi Prietocarrizosa Ferrero DU & Uría; Ignacio Vargas – Philippi Prietocarrizosa Ferrero DU & Uría; Guillermo Vial – Philippi Prietocarrizosa Ferrero DU & Uría;

Law Firms: Philippi Prietocarrizosa Ferrero DU & Uría;

Clients: Colas SA;