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Announced

Completed

Real Assets Investment Management-led consortium completed the acquisition of Celtic Roads Group (Waterford).

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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