São Paulo, December 2022 – Astris advises VINCI Concessions SAS in connection with the acquisition of a majority stake in Entrevias road concession in Brazil
Astris Finance congratulates its client VINCI Concessions SAS (“VINCI”), a leading global long term infrastructure investor, on the acquisition of 55% stake in Entrevias, a brownfield road concession located in the state of São Paulo, Brazil from the previous controlling shareholder, Patria.
The transaction, which was signed on December 1, marks the debut of VINCI in the road sector in Brazil. Patria will retain a 45% stake in the asset.
The Entrevias road concession is 570km long and crosses São Paulo State from north to south; there were around 30 million transactions in 2021.
”We are very pleased to have advised VINCI in connection with this partnership. The transaction is a milestone for VINCI in the Brazilian road sector and establishes a platform which will allow our client to further expand its business in Brazil.” said Daniel Uzueli, Astris’s Head of Brazil.
Astris acted as exclusive financial advisor to Vinci. Astris has a long-standing global relationship with Vinci: in the past 10 years, we have advised Vinci and its affiliates on as many transactions across the Americas, Europe and Southeast Asia.
This landmark transaction further demonstrates Astris’ premier position in the Brazilian infrastructure and energy advisory market, where we are currently advising on seven transactions across a variety of sectors.
December 2022 - Astris advises VINCI in connection with the acquisition of a majority stake in Entrevias road concession in Brazil