VINCI acquires NAPC [Feb 2012]

Eurovia, a VINCI Group subsidiary, has acquired NAPC, an Indian construction and public works company based in Chennai. NAPC is mainly active in the areas of road construction, earthworks and civil engineering, as well as the development of industrial zones and airport platforms. Within the framework of a concession consortium, NAPC is participating in the implementation of the Chennai ring road project. Founded 60 years ago, NAPC generated revenues of around `600 crore in 2011. With this acquisition, Eurovia, one of the leading players worldwide in the construction, upkeep and maintenance of road and railway transport infrastructure, is establishing a position in India, where its markets offer interesting growth prospects, linked to the country’s economic dynamism.

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