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Vinci subsidiary Eurovia continues to expand in Chile

Eurovia's Chilean subsidiary Bitumix SA raises its holding in Bitumix CVV from 50% to 100%.

Bitumix CVV, previously jointly controlled with the Chilean Claro Vicuna Valenzuela Group, specialises in roadworks in the central Biobio and Araucanía regions. Bitumix CVV has industrial facilities in the cities of Concepción (Chile's second-largest urban area), Chillan, Los Angeles and Temuco.

Bitumix CVV generated revenue of €16 million and produced about 200,000 tonnes of asphalt mix in 2015.

Bitumix SA is one of Chile's main transport infrastructure construction and urban development companies. The acquisition of 100% of Bitumix CVV rounds out its coverage of Chile south of Santiago.



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