Colas, a road-building unit of France's Bouygues SA (EN.FR), said Friday it has acquired Societe de la Raffinerie de Dunkerque from Exxon Mobil Corp. (XOM) and French oil and gas major Total SA (TOT).

Financial terms of the deal weren't disclosed.

The new Colas unit makes specialty refined products, notably 300,000 metric tons of bitumen annually., representing about 25% of France's domestic bitumen consumption.

It will continue to receive technical assistance from ExxonMobil for the next three years and will also have a processing contract with Total which has agreed to uplift 40% of the facility's production.

-By David Pearson, Dow Jones Newswires; +331 4017 1740, david.pearson@dowjones.com
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