Duna Aszfalt Zrt. entered into conditional agreement to acquire Mota-Engil Central Europe S.A. from Mota-Engil, SGPS, S.A. (ENXTLS:EGL) on December 15, 2023. The transaction will be carried out for an enterprise value of around ?90 million.

The group of companies involved in PPP projects (MECE will remain their General Contractor), as well as ME Renewing and ME Ativ, will remain within the Mota-Engil group. The final sales agreement is likely to be signed in the second quarter of 2024. The acquisition of the company requires the permission of the competent Polish authorities and certain financing institutions, which the parties plan to obtain in the first half of 2024.