Acquisition of Destia

Colas SA

Posted on

26 Aug

2021

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Fast facts

Status:

Pending

Cross-border:

Yes

Deal value:

Not disclosed

Dittmar & Indrenius > References > Acquisition of Destia

We advise Colas, the listed France-based infrastructure group, in its acquisition of Destia from Ahlström Capital.

Destia is the largest infrastructure service company in Finland. Destia’s services cover the entire infrastructure life cycle from design to construction and maintenance. Destia’s revenue amounted to EUR 564 million in 2020 and the company employs more than 1,600 professionals.

Destia was acquired by Ahlström Capital, the family-owned investment company, from the State of Finland in 2014.

The transaction is subject to customary conditions, including the approval of the competition authorities, and is expected to be completed by the end of 2021.

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