BBGI Group SA agreed to acquire 25% stake in CENTRO HOSPITALARIO UNIVERSITARIO DE MONTREAL from Obrasc?n Huarte Lain, S.A. for CAD 88.2 million.
October 19, 2021
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BBGI Group SA agreed to acquire 25% stake in CENTRO HOSPITALARIO UNIVERSITARIO DE MONTREAL from Obrasc?n Huarte Lain, S.A. (BME:OHLA) for CAD 88.2 million on October 19, 2021.The transaction also includes the sale of the subordinated loan that the OHLA Group against the concession company. The closing of the transaction is subject to certain customary conditions to this type of deals.
Obrascon Huarte Lain SA (OHL) is a Spain-based company engaged in the construction and engineering sectors. Its activities are structured into three segments: Concessions, Engineering and construction, as well as Development. The Concessions division focuses on the promotion, development and management of a range of transportation infrastructure, such as highways, railways, airports and ports. The Engineering and construction division comprises three business lines: Construction, which is responsible for building civil infrastructure; Industrial, which is involved in the construction, maintenance and operation of industrial plants, and Services, which includes cleaning and maintenance of buildings and public roads, waste management and green area conservation. The Development division promotes and manages tourist resorts and commercial centers. The Company, through its subsidiaries, is present in the Americas, Europe, Asia, Africa and Oceania. It is controlled by Grupo Villar Mir SAU.
OBRASCÓN HUARTE LAIN, S.A. 
