VINCI Immobilier finalises the acquisition of Urbat Promotion
21 Janeiro 2021 - 04:30AM
VINCI Immobilier finalises the acquisition of Urbat Promotion
Press releaseRueil‑Malmaison, 21 January 2021
VINCI Immobilier finalises the
acquisition of Urbat Promotion
VINCI Immobilier has acquired a 50.1% stake in
Urbat Promotion, a property developer that specialises in the
construction of housing in the south of France, bringing its shares
of the company to 100%*.
Urbat Promotion is a successful operator in its
area and, with its acquisition, VINCI Immobilier has attained a
recognised brand in the affordable housing segment.
The shareholders of Urbat Promotion wanted to
entrust the company to a major French property developer that
intends to protect the brand, ensure its long-term legacy, and
develop it.
*VINCI Immobilier acquired a 49.9% stake in
Urbat Promotion in January 2019.
About VINCI
VINCI is a global player in concessions and
contracting, employing 222,000 people in some 100 countries. We
design, finance, build and operate infrastructure and facilities
that help improve daily life and mobility for all. Because we
believe in all-round performance, above and beyond economic and
financial results, we are committed to operating in an
environmentally and socially responsible manner. And because our
projects are in the public interest, we consider that reaching out
to all our stakeholders and engaging in dialogue with them is
essential in the conduct of our business activities. VINCI’s goal
is to create long-term value for its customers, shareholders,
employees, and partners and for society at large. www.vinci.com
About Urbat Promotion Urbat
Promotion is an independent property developer. Set up by Alain
Clausel in Montpellier in 1975, the company is a recognised
benchmark in the construction of housing in the south of France,
where it operates through five agencies in Toulouse,
Montpellier, Lyon, Marseille and Toulon. Urbat Promotion has
146 employees and generated revenue of €144 million
in 2019. www.urbat.com
Press contactVINCI Press DepartmentTel: +33
(0)1 47 16 31 82 media.relations@vinci.com
- CPVINCI_acquisitionUrbat_20210121_VA
Vinci (EU:DG)
Gráfico Histórico do Ativo
De Fev 2024 até Mar 2024
Vinci (EU:DG)
Gráfico Histórico do Ativo
De Mar 2023 até Mar 2024