Following the completion of the review process under U.S. antitrust regulations (the Hart-Scott-Rodino Antitrust Improvements Act) and the successful conclusion of discussions with the U.S. competition authorities, Colas Inc., the U.S. subsidiary of Colas, completed on October 20, 2026 the acquisition of 100% of the shares of Suit-Kote from the Suits family. 

Specializing in the distribution of liquid asphalt, the production of emulsion blends, and pavement construction and preservation services across several northeastern U.S. states, Suit-Kote generated approximately US$460 million in revenue in 2025.

The acquisition was completed on the basis of an enterprise value of US$480 million. Following completion of the acquisition on October 20, 2026, Suit-Kote’s results will be consolidated in the Group’s financial statements as of December 31, 2026.

Colas will implement post-closing remedies and related measures required under the antitrust clearance process.

This acquisition is in line with Colas’ international development strategy in targeted geographies, particularly the United States, Northern Europe, and Germany. It strengthens the Group’s industrial footprint in North America and notably enhances its position in the asphalt distribution market in the region.

Colas has been operating in North America for over 60 years. It employs 12,500 people and generated 26% of its revenue there at the end of 2025, making it the Group's second-largest market after France.