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13 February 2018

Brazilian firm’s assets to see acquisitions

First published08/02/2018

Brazilian road concession company Arteris is interested in acquiring a number of assets from Odebrecht Transport (OTP). The two road concessions currently managed by OTP that Arteris is showing interest in are the 851km Rota do Oeste network in Mato Grosso and the 297km Rota das Bandeiras road network in Sao Paulo. These are the biggest road concessions managed by OTP at present, as well as being the only two for which OTP has a 100% stake. OTP has a 30 year contract for the Rota do Oeste network in Mato Grosso, which runs until 2044. And OTP has a 30 year contract for the Rota das Bandeiras road network in Sao Paulo that runs until 2039. Meanwhile OTP is discussing selling its other assets to a number of other potential buyers.

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