Vinci Construction acquires two North American road builders
06 June 2024
Vinci Construction has acquired two family-run public works companies in North America, bolstering its road works operations in the northeastern US and Canada
Image: Vinci
In the USA, Vinci announced it has acquired Newport Construction, which specialises in road works and small-scale civil engineering projects, operates in the south of New Hampshire and Massachusetts (primarily in the Boston region).
The company, which employs 240 people and generated revenue of US$115 million in 2023, owns a quarry with nearly 50 million tonnes of materials and an asphalt plant.
In Canada, Vinci said it had also acquired Entreprises Marchand & Frères (EMF), another road building company operating in central Quebec and the Baie-James area.
EMF, which employs 220 people and generated revenues of CAD$74 million (US$54m) in 2023, also owns three asphalt plants, nine quarries – representing nearly 20 million tonnes of materials reserves - and two sand quarries.
Vinci said the two acquisitions will bolster its geographic and operational position in North America, a region which it described as having “considerable potential for growth in mobility infrastructure.”
In 2023, VINCI Construction generated more than €4 billion in revenue through its North American operations and employed a total workforce of 9,500 people.
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