After 41 years in business Roger Schnabel is selling Southeast Roadbuilders to the multinational transportation construction company Colas Group.
When the sale is finalized, Southeast Roadbuilders will become a subsidiary of Colas Group’s Alaska affiliate Colaska.
Regional companies such as AGGPRO Juneau and Secon are also subsidiaries of Colaska.
Southeast Roadbuilders CFO Brenda Josephson said the sale’s letter of intent was signed last Friday.
“It’s going to start the due diligence process,” Josephson said. “They’re…