VINCI has acquired a number of blocs of shares in ADP, totalling 3.3 % of the company’s capital.

2 January 2008 - Acquisitions - France

 

VINCI has acquired a number of blocs of shares in ADP, totalling 3.3 % of the company’s capital.

Through this financial investment VINCI is re-affirming its long-term interest in airport infrastructures.

VINCI will support the profitable growth strategy put in place by ADP’s management team.

VINCI does not intend to raise its shareholding above its current level, unless there was a change in the government’s shareholding in the future.  

VINCI has held a concession at Phnom Penh airport for the last ten years and more recently for two new airport platforms in Cambodia. VINCI also manages, in partnership with Keolis, the concessionary public-service contracts for the airports of Grenoble-Isère and Chambéry-Savoie, and recently won the contract for Clermont-Ferrand-Auvergne.

 

About VINCI
VINCI is a global player in concessions, energy and construction, employing 280,000 people in more than 120 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, we are committed to operating in an environmentally, socially responsible and ethical 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. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.