Abertis

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Abertis Infraestructuras, S.A.
Sociedad Anónima (BMAD: ABE)
Industry Conglomerate
Founded April 2003
Headquarters Barcelona, Spain
Key people
 Salvador Alemany (Chairman), Francisco Reynés (Vicechairman-CEO)
Products Motorway toll road concessions, television networks, transportation, telecommunications
Revenue €4,889 million (2014)[1]
€1,868 million (2014)[1]
Profit €655 million (2014)[1]
Number of employees
 16,500 (average, 2014)
Website www.abertis.com

Abertis Infraestructuras, S.A. (Spanish pronunciation: [aˈβertis imfɾaestɾukˈtuɾas]) is a Spanish conglomerate corporation. The company runs over 8,000 kilometres of motorways in Europe and America. Abertis manages toll roads and telecommunication infrastructures.

Abertis is part of the IBEX-35 index and is being traded on the Madrid Stock Exchange. Its headquarters are in Barcelona, Catalonia, Spain.

History

In April 2003, Acesa Infraestructures, a business founded in 1967 as Autopistas Conceionaria Española S.A., merged with Aurea Concessiones de Infraestructures, a business founded in 1971 as Autopistas de Mare Nostrum (into which Dragados had spun off its own toll roads), to form Abertis.[2]

In December 2003, Abertis acquired Retevision, a leading Spanish radio and television distribution business.[3]

In June 2004, Abertis acquired Iberpistas, another Spanish toll road operator.[4]

In December 2005, Abertis acquired the French toll road operator Sanef.[5]

An attempt initiated in April 2006 to acquire Atlantia (formerly Autostrade), the leading Italian toll road operator, was aborted in January 2008 after opposition from the Italian Government.[6] Abertis intends to sell some of its stake in the company.[6]

On May 19, 2008, Abertis, along with Citi Infrastructure Investors of New York City, submitted a $12.8 billion proposal to lease the Pennsylvania Turnpike in the U.S. state of Pennsylvania for 75 years.[7] However, the consortium withdrew the offer on September 30, 2008 as they felt the proposal would not win approval in the state legislature.[8]

In 2011 Metropistas, an Abertis subsidiary, won the concession for the PR-22 and PR-5 toll roads in Puerto Rico.[9]

In 2012, Abertis acquired Arteris, a Group managing nine toll road concessions in Brazil.[10]

Structure

Freeway management companies

  • Abertis Infraestructuras
    • Acesa
    • Aumar
    • Iberpistas
    • Aucat
    • Aulesa
    • Avasa
    • Autema
    • Sanef
    • Autopistas de Puerto Rico
    • Arteris
    • Invicat
    • Túnels
    • Metropistas
    • Coviandes
    • Ausol
    • GCO
    • Elqui
    • Rutas del Pacífico
    • Autopista Central
    • Autopista Los Libertadores
    • Autopista del Sol
    • Autopista de Los Andes

Telecommunications companies

Others

  • Abertis Foundation
  • Abertis Chairs

References

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External links

  1. ↑ 1.0 1.1 1.2 Lua error in package.lua at line 80: module 'strict' not found.
  2. ↑ Historical background
  3. ↑ Administrator's Notice regarding Retevision
  4. ↑ Abertis and Iberpista get merger process underway
  5. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  6. ↑ 6.0 6.1 Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  9. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  10. ↑ Lua error in package.lua at line 80: module 'strict' not found.
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