Home Economy Intrakat-Aktor deal closes, announcements coming in the coming days

Intrakat-Aktor deal closes, announcements coming in the coming days

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Intrakat-Aktor deal closes, announcements coming in the coming days

According to information, the agreement on its acquisition is at the final stage. AKTOR ATE from intracat with a total price in the region of 200 million euros. According to the same information, official announcements are expected in the coming days.

Recall that yesterday both Intrakat and Ellactor confirmed the information about search contacts and the presence of a non-binding Letter of Intent.

How they wrote daily and MR on Thursday, this is a normal development, at least for most people involved in the construction market, given that Intrakat also showed a keen interest in the construction arm of the Ellactor group a few months ago, even submitting a written offer.

The second largest construction “player”.

The possible acquisition of Actor by Intrakat will create the second strongest pole in the construction industry, behind only the GEK TERNA group.

The combined portfolio of the two companies is estimated at around 4 billion euros, not counting the synergies from the automatic increase in the share of the new group in a number of large joint projects.

Author: newsroom

Source: Kathimerini

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