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ACS Group

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On 30 July 2024, ACS Group and Hochtief announced that Dragados North America would be integrated with Flatiron. The combined company, Flatiron Dragados, would be held 61.8% by ACS and 38.2% by Hochtief. That same year, ACS Group reported that it had achieved better than expected results, which was
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its construction business; around this time, the company was focused on increasing its toll road division within the European market. In April of that year, it made an approach to purchase Atlantia's 88% stake in motorway division
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for its ACS Industrial division; this transaction was completed during the following year. Additional arrangements between the two companies led to the creation of a joint venture focused on the renewable energy sector.
516:. Two years later, under the company's strategy of continuous rotation of mature assets to generate resources for new projects, ACS Group sold a 74% stake in a batch of six tranches of ‘shadow toll’ highways in Spain to 472:
project, being awarded an initial contract valued at $ 428 million. In April 2008, the MTA awarded another contract, valued at $ 506 million, to the company. Separate undertakings by the company included the
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to undertake a 16.5 billion euro ($ 19 billion) acquisition of Abertis as part of its ambition to build the world's largest toll road group; the transaction was approved by the
2081: 1005: 924: 1121: 501:; the latter mounted an unsuccessful challenge to this approach. During April 2011, the firm raised its stake in Hochtief to 50.16%, effectively acquiring the company. 373:. It is one of the leading construction companies in the world, with projects in many countries around the world. The company was founded in 1997 through the merger of 1421: 1702: 1235: 878: 2116: 2056: 94: 2091: 1334: 1827: 1066: 1030: 1549: 1454: 1440: 2066: 1482: 1366: 1272: 1173: 1143: 950: 1805: 1062: 1026: 465: 1203: 903:"ACS Actividades de Constrccn y Srvcos SA company : Shareholders, managers and business summary | Mercado Continuo Espanol: ACS" 847: 1534: 1092: 2076: 2051: 2046: 231: 1468: 523:
In October 2020, ACS Group announced that it had received a €5.2 billion ($ 6.08 billion) bid from the French infrastructure group
460:, a wholly-owned subsidiary of Dragados S.A. One of the first undertakings of the newly formed branch was a successful bid for the 1890: 1820: 1316: 1113: 1385: 381:
The group has a presence in the United States, Germany, India, Brazil, Chile, Morocco and Australia. The headquarters are in
87: 1985: 819: 1940: 1727: 517: 490:; its stake in the business was subsequently increased to 45%); two years later, ACS Group opted to divest its stake to 1510:"Integration of Flatiron and Dragados North America Civil Construction businesses to create value for HOCHTIEF and ACS" 2015: 409:, a construction business which had been in financial difficulty, in 1983. The company acquired a majority holding in 835: 1813: 1254: 1217: 1298: 827: 1055: 1019: 453:
and which had subsequently gained extensive experience in hydro-electric and civil engineering work, in 2003.
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During 2021, ACS Group conducted an internal review to simplify its structure and allegedly considered
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largely attributed to its construction portfolio in the United States and Australia, particularly its
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During 2017, the company participated in a bidding war to acquire the toll road management business
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In July 2022, the company was fined €57.1 million, along with five other contractors, by the
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In September 2011, ACS Group issued an offer to purchase a controlling stake in German rival
2106: 1880: 1788: 1673: 839: 679: 547:(CNMC) for bidding collusion in public tenders for building and civil infrastructure works. 469: 446: 361: 291: 2005: 1905: 390: 83: 486: 344: 48: 2000: 1955: 188: 62: 1349:"Mergers: Commission approves the proposed acquisition of Abertis by ACS and Atlantia" 2040: 2020: 1885: 1760: 684: 674: 461: 77: 1006:"Dragados has been awarded the first contract of the New York Subway extension plan" 1774: 176: 100: 823: 815: 666: 491: 980: 1750: 1114:"New Purple Line contractors selected to resume full construction this spring" 251: 1317:"ACS and Atlantia agree to share $ 22.4bn Abertis, ending bitter bidding war" 1945: 1925: 1900: 1895: 1754: 552: 203: 39: 1915: 1865: 1407: 1335:"Atlantia, ACS complete 16.5 billion euro acquisition of Spain's Abertis" 637: 524: 498: 165: 1798: 17: 2025: 1975: 1960: 1950: 1935: 1930: 1855: 1843: 780: 505: 484:
During 2006, the company acquired 22.0% of the Spanish utility company
394: 1990: 1965: 1920: 1404:"Vinci completes the acquisition of ACS's energy business (Cobra IS)" 1367:"CS Sells 74% Of Its Six 'Shadow Toll' Motorways In Spain For €950 M" 1093:"Design Issues Resolved in Delayed $ 1B Corpus Christi Harbor Bridge" 802: 689: 509: 450: 382: 133: 1550:"ACS posts 17% rise in 2023 profit stoked by construction overseas" 1483:"Spain's six top builders fined, restricted over bidding collusion" 441:, telecommunications businesses in 2000 before going on to acquire 2010: 1838: 786: 508:. In October 2018, ACS Group joined with the Italian holding firm 271: 180: 2087:
Construction and civil engineering companies established in 1997
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During 2005, ACS entered the US market via the establishment of
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Spanish company dedicated to civil and engineering construction
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The company was formed when a team of engineers acquired
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Major projects involving the company have included the
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Construction and civil engineering companies of Spain
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engineering, construction, all types of services and
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Non-renewable resource companies established in 1997
433:, an environmental contractor in 1999 and stakes in 330: 320: 309: 289: 269: 249: 229: 210: 172: 154: 140: 117: 107: 93: 75: 58: 545:Comisión Nacional de los Mercados y la Competencia 354:ACS, Actividades de Construcción y Servicios, S.A. 33:ACS, Actividades de Construcción y Servicios, S.A. 805:), a construction company acquired by ACS in 2003 2102:Telecommunications companies established in 1997 1674:"LGV Perpignan-Figueras on Structurae database" 1654:(in German). En.structurae.de. 27 November 2008 1588:(in German). En.structurae.de. 27 November 2008 413:, a support services business, and merged with 2072:Multinational companies headquartered in Spain 1299:"ACS group studying counter-offer for Abertis" 2112:Companies listed on the Madrid Stock Exchange 1821: 8: 1204:"ACS hopes to sell Union Fenosa by mid-Sept" 445:, a large contractor established during the 32: 1056:"East Side Access Quarterly Report Q3 2009" 1020:"East Side Access Quarterly Report Q3 2009" 2082:Companies based in the Community of Madrid 1828: 1814: 1806: 1652:"Torre Caja Madrid on Structurae database" 838:High Speed railway completed in 2009, the 343: 47: 38: 31: 1630:"Torre de Crystal on Structurae database" 1384:Sánchez Molina, Pilar (2 October 2020). 873: 871: 869: 867: 865: 863: 792: 393:, the company's shares form part of the 859: 705:Iridium Concesiones de Infraestructuras 2117:Spanish companies established in 1997 2057:Telecommunications companies of Spain 1728:"Crescent Dunes Solar Energy Project" 1112:Shaver, Katherine (5 November 2021). 1063:Metropolitan Transportation Authority 1027:Metropolitan Transportation Authority 879:"Integrated Report of ACS Group.2021" 466:Metropolitan Transportation Authority 360: 7: 2092:Energy companies established in 1997 1608:"Torre Agbar on Structurae database" 1564:"Alqueva Dam on Structurae database" 1124:from the original on 5 November 2021 365:) is a Spanish company dedicated to 1439:Orihuela, Rodrigo (13 April 2021). 1180:. UK. 11 April 2011. Archived from 957:. UK. 11 April 2011. Archived from 848:Crescent Dunes Solar Energy Project 1253:Guthrie, Sandy (27 January 2011). 1218:"ACS bids for control of Hochtief" 470:East Side Access Manhattan Tunnels 423:Ginés Navarro Construcciones, S.A. 421:In 1993, it went on to merge with 379:Ginés Navarro Construcciones, S.A. 25: 1548:Pons, Corina (29 February 2024). 1072:from the original on 27 June 2016 1036:from the original on 27 June 2016 1837: 1781: 1767: 1753: 1154:from the original on 5 July 2022 610:Edileuropa Di Stivaletti Michele 429:in 1997. It subsequently bought 298: 297: 278: 277: 258: 257: 238: 237: 215: 214: 2067:Conglomerate companies of Spain 1091:Tyson, Daniel (10 April 2023). 1065:. September 2009. p. 16. 1029:. September 2009. p. 16. 588:J.F. White Contracting Company 582:Schiavone Construction Co. LLC 1: 1676:(in German). En.structurae.de 1632:(in German). En.structurae.de 1610:(in German). En.structurae.de 1566:(in German). En.structurae.de 1508:Evans, Jason (30 July 2024). 1471:. Reuters. 15 September 2022. 820:Palau de les Arts Reina Sofia 745:Grupo MAESSA Arabia Saudi Ltd 53:Headquarters in Madrid, Spain 1941:International Airlines Group 1321:globalconstructionreview.com 1337:. Reuters. 29 October 2018. 123:; 27 years ago 2133: 846:completed in 2014 and the 407:Construcciones Padrós S.A. 2077:Companies based in Madrid 2052:Energy companies of Spain 2047:Public utilities of Spain 1851: 951:"Spanish merger approved" 46: 37: 1537:. Reuters. 30 July 2024. 1457:. Reuters. 9 April 2021. 1259:constructionbriefing.com 1255:"ACS wins another round" 1206:. Reuters. 21 July 2008. 419:OCP Construcciones, S.A. 375:OCP Construcciones, S.A. 187:construction, transport 1098:Engineering News-Record 834:completed in 2008, the 830:completed in 2008, the 826:completed in 2005, the 822:completed in 2005, the 818:completed in 2002, the 570:Dragados North America 538:Autostrade per l'Italia 385:and the chairperson is 836:LGV Perpignan–Figueres 806: 479:Maryland's Purple Line 449:to dredge the Port of 358:Spanish pronunciation: 1911:Inmobiliaria Colonial 796: 661:E.E. Cruz and Company 475:Harbor Bridge Project 206:, industrial services 1708:on 27 September 2011 1428:. 18 September 2023. 1224:. 24 September 2010. 981:"About Dragados USA" 810:Significant projects 775:Minority Investments 710:Industrial companies 397:stock market index. 1410:. 31 December 2021. 1353:European Commission 1279:. UK. 11 April 2011 1174:"ACS vetoes tie-up" 1148:The Washington Post 1118:The Washington Post 850:completed in 2016. 514:European Commission 322:Number of employees 196:facility management 34: 1846:companies of Spain 1730:. Power Technology 1273:"Hochtief website" 929:The New York Times 844:Ponce, Puerto Rico 807: 748:Intecsa Industrial 601:Roura & Cevasa 585:Prince Contracting 579:John P. Picone Inc 520:for €950 million. 371:telecommunications 2034: 2033: 1971:Merlin Properties 1242:. 4 January 2011. 1150:. 14 April 2022. 832:Torre Caja Madrid 736:Dragados OFFSHORE 651:Tompkins Builders 362:[aθeˈese] 351: 350: 112:Civil engineering 16:(Redirected from 2124: 1881:Amadeus IT Group 1842: 1841: 1830: 1823: 1816: 1807: 1802: 1801: 1799:Official website 1791: 1789:Companies portal 1786: 1785: 1784: 1777: 1772: 1771: 1770: 1763: 1758: 1757: 1740: 1739: 1737: 1735: 1724: 1718: 1717: 1715: 1713: 1707: 1701:. 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Reuters. 1283:2 December 1240:spiegel.de 1188:2 December 1128:8 November 1076:5 February 1040:5 February 965:2 December 909:1 November 854:References 718:Grupo Etra 477:, and the 425:to create 417:to create 415:OCISA S.A. 252:Net income 202:services, 156:Key people 2006:Santander 1946:Iberdrola 1926:Ferrovial 1901:CaixaBank 1896:Bankinter 1277:The Times 1178:The Times 955:The Times 724:SEMI S.A. 559:Divisions 553:toll road 427:Grupo ACS 338:.grupoacs 204:logistics 78:Traded as 1866:Acerinox 1514:Flatiron 1493:15 March 1408:Vinci SA 1158:21 April 1152:Archived 1122:Archived 1067:Archived 1031:Archived 990:2 August 935:31 March 799:Dragados 759:Services 721:Etra air 657:Flatiron 640:(66.5%) 638:Hochtief 634:Pol-Aqua 628:Dycvensa 604:Electren 525:Vinci SA 510:Atlantia 499:Hochtief 439:Broadnet 431:Onyx SCL 173:Services 166:Chairman 108:Industry 18:Dragados 2107:IBEX 35 2026:Unicaja 2016:Solaria 1976:Naturgy 1961:Logista 1951:Inditex 1936:Grifols 1931:Fluidra 1906:Cellnex 1856:Acciona 1844:IBEX 35 1519:30 July 1487:Reuters 781:Abertis 727:IMESAPI 622:GEOCISA 619:Dravosa 506:Abertis 401:History 395:IBEX 35 331:Website 316:(12.5%) 211:Revenue 136:, Spain 126: ( 118:Founded 86::  1991:Repsol 1966:Mapfre 1921:Endesa 1916:Enagás 887:30 May 803:Madrid 742:Maetel 690:Ventia 680:Thiess 644:Turner 631:Dycasa 625:COGESA 576:Pulice 518:Hermes 468:(MTA) 451:Tarifa 383:Madrid 305:(2021) 285:(2021) 265:(2021) 245:(2021) 225:(2021) 145:Madrid 134:Madrid 63:Public 2011:Sacyr 1956:Indra 1706:(PDF) 1699:(PDF) 1070:(PDF) 1059:(PDF) 1034:(PDF) 1023:(PDF) 882:(PDF) 787:Urbis 783:(25%) 764:Clece 616:Drace 613:TECSA 598:VYCSA 435:Xfera 411:Cobra 367:civil 310:Owner 149:Spain 1996:Rovi 1891:BBVA 1876:AENA 1736:2020 1714:2011 1682:2011 1660:2011 1638:2011 1616:2011 1594:2011 1572:2011 1521:2024 1495:2024 1285:2011 1190:2011 1160:2022 1130:2021 1078:2018 1042:2018 992:2024 967:2011 937:2013 911:2016 889:2022 754:SICE 733:CYMI 730:EYRA 437:and 377:and 340:.com 183:and 128:1997 121:1997 95:ISIN 84:BMAD 1871:ACS 842:in 685:UGL 464:'s 336:www 88:ACS 2043:: 1512:. 1485:. 1424:. 1406:. 1388:. 1369:. 1351:. 1319:. 1301:. 1275:. 1257:. 1238:. 1220:. 1176:. 1146:. 1120:. 1116:. 1095:. 1061:. 1025:. 983:. 953:. 927:. 862:^ 494:. 481:. 198:, 194:, 179:, 147:, 1829:e 1822:t 1815:v 1738:. 1716:. 1684:. 1662:. 1640:. 1618:. 1596:. 1574:. 1523:. 1497:. 1392:. 1287:. 1261:. 1192:. 1162:. 1132:. 1101:. 1080:. 1044:. 994:. 969:. 939:. 913:. 891:. 801:( 356:( 221:€ 168:) 164:( 130:) 71:) 65:( 20:)

Index

Dragados


Public
Sociedad Anónima
Traded as
BMAD
ACS
ISIN
ES0167050915
Civil engineering
Madrid
Florentino Pérez
Chairman
Public works
residential
non-residential
infrastructure
concessions
facility management
environmental
logistics

Operating income
Net income
Total assets
Total equity
Florentino Pérez
www.grupoacs.com
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