# Webuild completes acquisition of 65% of Astaldi

Webuild completed the acquisition of 65% of Astaldi via a capital increase, creating a new group with an order backlog of more than €40 billion. The acquisition brings together Italy's two largest infrastructure players.

- Type: Acquisition
- Announced: 2020-11-06
- Where: Italy
- Value: $265.0M (225.0M EUR)
- Jobs: 70,000
- Status: completed
- Products: large infrastructure projects
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Astaldi](https://endata.com/companies/28361.md) (target)
- [Webuild](https://endata.com/companies/40756.md) (acquirer)

## Sources

- [webuildgroup.com](https://www.webuildgroup.com/en/media/press-releases/webuild-successfully-completes-acquisition-of-astaldi-via-capital-increase/), 2020-11-06: "Webuild announces the completion of its acquisition of 65% of Astaldi, the most important acquisition conducted under Progetto Italia (Project Italy)."
- [tunnellingjournal.com](https://tunnellingjournal.com/webuild-completes-acquisition-astaldi/), 2020-11-06: "Webuild announces the completion of its acquisition of 65% of Astaldi, the most important acquisition conducted under Progetto Italia."

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