# Eurovia to acquire Lane Asphalt Plants & Paving from Salini Impregilo for $555M

Eurovia, a VINCI subsidiary, signed an agreement to acquire the Lane Asphalt Plants & Paving division of Lane Construction from Salini Impregilo Group for $555 million, adding about 40 asphalt plants and several quarries in 10 US states.

- Type: Acquisition
- Announced: 2018-08-20
- Where: 10 states on East Coast and Texas, United States
- Value: $555.0M
- Status: announced
- Products: hot-mix asphalt, aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Salini Impregilo S.p.A.](https://endata.com/companies/20149.md) (partner)
- [Lane Construction Corporation](https://endata.com/companies/20494.md) (target)
- [Eurovia](https://endata.com/companies/32071.md) (acquirer)
- [VINCI](https://endata.com/companies/32072.md) (partner)

## Sources

- [vinci.com](https://www.vinci.com/en/newsroom/press-releases/eurovia-signs-agreement-salini-impregilo-group-acquire-asphalt-plants), 2018-08-20: "Eurovia has signed an agreement with Salini Impregilo Group to acquire the Lane Asphalt Plants & Paving division of its subsidary Lane Construction, whose operations cover industrial and roadworks activities, for a total consideration of $555 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.