Colas to acquire Destia from Ahlström Capital Group.

Colas, a major French civil engineering firm, agreed to acquire Destia, a Finnish contractor of road maintenance, roadworks, railways and other infrastructure construction, from Ahlström Capital Group, a family-owned investment company. Financial terms were not disclosed. "We are very impressed by Destia’s skills and expertise, particularly in terms of digitalization of construction sites and maintenance services in harsh weather conditions. We see the opportunity to further develop business lines such as rail and earth & rock services and Colas will bring onboard its expertise in complex projects management," Francis Grass, Colas Managing Director.