EUROVIA GmbH in Germany, a member of the French VINCI Group, has acquired a majority stake in THG Baugesellschaft mbH (North Rhine-Westphalia). VINCI Group intends thereby to strengthen the strategic and regional reach of its track construction activities.

The long-established railway competence ETF-Eurovia Travaux Ferroviaires, already successfully established in 8 countries worldwide, obtains direct access to the prospering German market for rail-bound infrastructure with their participation in THG.

THG Baugesellschaft mbH, Germany

THG is a special construction company for the establishing and modernization of railway tracks, with a total of about 60 employees, an annual revenue of over €15 million, THG shows a remarkable profitability that is well above the industry average. The company possesses indispensable and sophisticated pre-qualifications as well as certificates, which are essential for the work on railway tracks and the connected infrastructure.

EUROVIA GmbH (Germany) / VINCI S.A. (France)

EUROVIA Germany, a member of the French VINCI Group, is represented at more than 100 locations nationwide and generated €737 million revenues with 3,200 employees in 2016. The international corporate division EUROVIA (€7.5 billion revenue/ 38,000 employees) is one of the global leading companies for the development, construction and maintenance of traffic routes. EUROVIA has its own quarries as well as asphalt mixing plants.

IMAP initiated the transaction on behalf of the shareholders and handled it in all its phases.