SIMEST has acquired an approximately 34% interest in the share capital of Astaldi Construction Corporation (“ACC”), a United States subsidiary of the Astaldi Group, active in building infrastructure since 1989.
Equal to US$ 7.5 million, the investment aims at supporting Astaldi’s growth on the United States market. Today, the Astaldi Group is engaged in carrying out motorway projects and, in particular, the contract recently acquired in partnership with the Spanish Group OHL (40% Astaldi, 60% OHL) to enlarge and modernise 22 kilometres of Interstate-405 in Los Angeles.
Astaldi, a historic customer of the CDP Group, has consolidated its presence in some international markets, thanks also to the support of SACE and SIMEST (CDP Group).
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