Supreme Infrastructure India has entered into an agreement with 3i India Infrastructure Fund (3i India Infrastructure), an investor fund established by 3i Group Plc, (3i) whereby 3i India Infrastructure will invest around $61 million for a minority stake in the portfolio of Road BOT companies promoted by Supreme Infrastructure India.
Ernst & Young acted as the sole strategic and financial advisor to Supreme Infrastructure India for this transaction.
Supreme Infrastructure India is engaged in the construction of highways, roads & bridges and engineering works. It also manufactures crushed metals, ready-mix concrete, asphalt and wet mix macadam. The company has been formed to undertake engineering works of unrestricted value with most of the government departments, public and private sector organizations.
