Atlas Arteria(ASX:ALX), formerly known asMacquarie Atlas Roads,is one of the world's largest developers and operators of privatetoll roads.

Atlas Arteria
Company typePublic
PredecessorMacquarie Infrastructure Group
Founded2010
Websiteatlasarteria

Intoll demerger

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Macquarie Infrastructure Group (MIG) had a portfolio of 11 toll roads across seven countries includingAustralia.MIG had previously in June 2006 spun off Sydney Roads Group which included its stake in threeSydneytoll roads, namelyM4 Western Motorway(50.61%),M5 South-West Motorway(50%) andEastern Distributor(71.35%). Sydney Roads Group was sold toTransurbanin April 2007.[1][2][3][4]

In February 2010 MIG underwent a restructure into two separately listed companies; Intoll and Macquarie Atlas.[5]Whilst Macquarie Atlas continues to be managed by Macquarie, Intoll is internally managed. Murray Bleach is the chief executive officer of Intoll.[6]At the time, Intoll (ASX:ITO) owned and managed a 25% interest in theWestlink M7in western Sydney, Australia and a 30% interest in the 108 km-long407 Express Toll Routein theGreater Toronto Areaof Canada.[7]Intoll was acquired in full byCanada Pension Plan Investment Board(CPPIB) on 14 December 2010.[8]

In 2018, Macquarie Atlas Roads changed its name to Atlas Arteria after an agreement with the Macquarie Group to bring management in-house.[9]

in 2022, Atlas Arteria bought a $ 2bn stake in Chicago Skyway.[10]

References

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  1. ^"Macquarie hits the road running".Sydney Morning Herald. 8 February 2005.
  2. ^"Transurban takeover gets green light".Sydney Morning Herald. 8 March 2007.
  3. ^"Macquarie fund to sell Sydney toll roads".Financial Times. 19 June 2006.
  4. ^"Transurban finalises Sydney Roads takover".The Australian. 27 April 2007.Retrieved5 November2020.
  5. ^Michael Bennet (22 January 2010)."Macquarie Infrastructure to split into Intoll International, Macquarie Atlas Roads".The Australian.Retrieved8 August2012.
  6. ^"ASX: Intoll Group (ITO)".Archived from the original on 18 August 2010.Retrieved23 April2010.{{cite web}}:CS1 maint: bot: original URL status unknown (link)
  7. ^"Intoll: Frequently asked questions".Archived from the original on 25 September 2010.Retrieved24 July2012.{{cite web}}:CS1 maint: bot: original URL status unknown (link)
  8. ^"Intoll website".Archived fromthe originalon 30 December 2010.
  9. ^Jenny Wiggins (9 April 2018)."Macquarie Atlas Roads to become 'Atlas Arteria' after splitting from Macquarie".Australian Financial Review.Retrieved3 June2018.
  10. ^O'Brien, Isabel (13 September 2022)."Atlas Arteria buys $2bn stake in Chicago Skyway, despite IFM's legal threat".Infrastructure Investor.Retrieved25 September2024.
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