Milan, April 6, 2017 – Salini Impregilo has won an award for the best foreign acquisition by an Italian company in the XXIII edition of the M&A Award 2017 for its purchase of Lane Construction Corporation, a leader in roads and highways in the United States.

Massimo Ferrari, General Manager Corporate & Finance Group CFO accepted the award on behalf of the Group at a ceremony held at the Centro Svizzero in Milan.

“This prize is recognition of the Group’s strategy to strengthen and focus our growth in areas with greater profitability and fewer risks such as the United States, by means of a local company of great value that has a history of 127 years in the market,” Ferrari said at the ceremony.

The award was given by KPMG and Fineurop Soditic, with the support of AIFI and Bocconi University. The event is held every year to celebrate the best M&A operations with the aim of promoting among Italian business owners the idea of growing by acquisition.

The acquisition reinforces Salini Impregilo’s standing as a global player in the construction sector with more than €6 billion in revenues, about 30% of which comes from the United States.