(CercleFinance.com) – Vinci Concessions announces that it has increased its majority stake in the Rion-Antirion bridge concession in Greece.
Vinci Concessions increases its stake from 57.5% to 72.3% in the concession company and from 55.3% to 70.5% in the operating company. The total price of the acquisition is around 60 million euros for the two shareholders.
The Rion-Antirion bridge (2.8 km) connects the Peloponnese to mainland Greece and achieved a turnover of around 38 million euros in 2021.
‘Thanks to this operation, Vinci Concessions, which operates a 544 km motorway network in Greece, continues to strengthen its long-term commitment with the country for the development of its infrastructure’ indicates the group.