Macquarie Group and Eiffage SA have announced they have acquired an stake in A41 motorway.

AREA, APRR subsidiary, has signed an acquisition contract regarding the Bouygues Group's entire 46.1% interest in ADELAC capital. APRR (Autoroutes Paris-Rhin-Rhône) is a company owned by Eiffage and Macquarie managed funds.

The companies haS entered in a agreement with  AREA, a subsidiary of APRR to acquire an additional 46.1% interest in ADELAC for €130 million (US$138 million).

ADELAC is the concessionaire of the A41 motorway, a 19.6km commuter road between Annecy in eastern France and Geneva in Switzerland, with a concession expiry of 2060.The motorway opened to traffic in 2008.

AREA has an existing 49.9% interest and is the operator of the motorway.

Following the Bouygues group project to initiate the disposal of its 46.1% of ADELAC capital, AREA has exercised its pre-emptions rights for €130 million (US$138 million). As part of an internal restructuring of this holding, it is planned that AREA will subsequently sell those 46.1% to Eiffage and Macquarie Autoroutes de France 2.

Eiffage's interest in ADELAC capital will remain accounted for as an associates in Eiffage accounts.