Announced
Completed
Financials
Sources
Tags
Private
Majority
highway construction
Acquisition
United Kingdom
Friendly
Single Bidder
Specialty Contracting
Cross Border
Private Equity
Completed
Synopsis
Real Assets Investment Management-led consortium completed the acquisition of Celtic Roads Group (Waterford), a highway and street construction company. Financial terms were not disclosed. "We are delighted to have agreed the acquisition of CRG Waterford. The road network has been a key contributor to sustainable economic growth in the region. Traffic has proven resilient despite the Covid-19 crisis, demonstrating the road’s strategic importance. As a long-term investment manager, we intend to work in partnership with the various stakeholders involved in the project in order to ensure it continues to serve the local and regional communities efficiently," Antony Peters and John Rowland, RAIM Partners.
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