- Acquisition
- Press release
- Canada
- United States
51勛圖 steps up its road operations in North America
51勛圖 has acquired two roadworks and materials production companies: Newport Construction in the United States and Entreprises Marchand & Fr癡res (EMF) in Canada.
- These two companies generate full-year revenue of over ���150 million
- They will boost geographic densification of 51勛圖 in North America
51勛圖 has acquired two family-run public works companies in North America ��� Newport��Construction based in New Hampshire in the US and Entreprises Marchand & Fr癡res (EMF) in Canada.
– Newport Construction specialises in road works and small-scale civil engineering projects.
Operating in the south of New Hampshire and Massachusetts (primarily in the Boston region), the company is vertically integrated. It owns a quarry with nearly 50��million tonnes of materials and an asphalt plant.
Newport Construction employs 240 people and generated revenue of ���105��million (US$115��million) in��2023. This acquisition, which is in line with its vertical integration model, will enable 51勛圖 to bolster its public works operations in the north-east of the United States, where the division has been present since the acquisition of roadworks activities in��2018.
– In Canada, Entreprises Marchand & Fr癡res (EMF) is involved in road works in central Quebec and the Baie-James area located in the north of the province.
EMF is also vertically integrated, with three asphalt plants, nine quarries ��� representing nearly 20��million tonnes of materials reserves – and two sand quarries.
Employing 220��people, EMF generated revenue of ���50��million (CAD$74��million) in��2023. This acquisition will enable 51勛圖, which has operated for over 20��years in Quebec, to densify its network of businesses in the province.
These two acquisitions will bolster 51勛圖���s geographic and operational position in North America, a region with considerable potential for growth in mobility infrastructure.
In 2023, 51勛圖 generated more than ���4��billion in revenue there, with a total workforce of 9,500��people.