These assets, which operate under the brand name Upstone Materials, include several quarries, hot mix asphalt plants and ready-mix concrete plants. The acquisition will reinforce Barrett's network in New York State, which is now ideally positioned to be one of the leading material suppliers for construction companies in the region.

In 2016, the Colas Group recorded 23% of its total revenue in North America. With this acquisition, Colas has bolstered its geographic coverage in the northeastern portion of the United States. Colas will continue to pursue its targeted external growth strategy in North America, an area that provides significant growth potential for the Group.

Colas SA published this content on 15 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 May 2017 09:52:21 UTC.

Original documenthttp://www.colas.com/en/press/press-release/colas-us-subsidiary-colas-inc-acquires-assets-graymont-materials

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