Promecap Capital de Desarrollo, S.A. de C.V. acquired 49% stake in Proactiva Medio Ambiente Mexico, S.A. de C.V. from Empresas ICA, S.A.B. de C.V. (BMV:ICA *) for MXN 1.2 billion on December 24, 2015. The proceeds will be used to implement Empresas ICA's cost reduction program and for operational purposes. Banco Santander acted as financial advisor for ICA.

Promecap Capital de Desarrollo, S.A. de C.V. completed the acquisition of a 49% stake in Proactiva Medio Ambiente Mexico, S.A. de C.V. from Empresas ICA, S.A.B. de C.V. (BMV:ICA *) on December 24, 2015.