345:
791:
49:
1744:
40:
1828:
1758:
299:
279:
259:
239:
216:
1772:
550:
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
535:
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
540:, which valued the business at 9 billion-10 billion euros ($ 10.7 billion-$ 11.9 billion). In September 2022, Atlantia sold its 14.46% stake in Hochtief to ACS Group in exchange for 577.8 million euros ($ 576.9 million).
527:
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
1684:
2075:
1498:
1144:
2004:
512:
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
2050:
998:
2085:
921:
1114:
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
1410:
2090:
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1224:
875:
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2100:
1323:
544:
1059:
1023:
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1984:
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1471:
1355:
2105:
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94:
1136:
2080:
1969:
1794:
1192:
900:"ACS Actividades de Constrccn y Srvcos SA company : Shareholders, managers and business summary | Mercado Continuo Espanol: ACS"
1816:
1523:
1085:
1457:
2055:
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
1305:
1106:
1374:
1055:
1019:
465:
381:
The group has a presence in the United States, Germany, India, Brazil, Chile, Morocco and
Australia. The headquarters are in
87:
844:
1716:
490:; its stake in the business was subsequently increased to 45%); two years later, ACS Group opted to divest its stake to
2065:
2040:
2035:
1499:"Integration of Flatiron and Dragados North America Civil Construction businesses to create value for HOCHTIEF and ACS"
231:
409:, a construction business which had been in financial difficulty, in 1983. The company acquired a majority holding in
1243:
1206:
1287:
1879:
1809:
1048:
1012:
1824:
453:
and which had subsequently gained extensive experience in hydro-electric and civil engineering work, in 2003.
816:
1392:
1974:
1929:
517:
1802:
832:
531:
During 2021, ACS Group conducted an internal review to simplify its structure and allegedly considered
551:
largely attributed to its construction portfolio in the United States and
Australia, particularly its
899:
824:
504:
During 2017, the company participated in a bidding war to acquire the toll road management business
1337:
1166:
947:
17:
1090:
1640:
1618:
1596:
1574:
1552:
1411:"The Spanish Acs and the French Vinci consolidate the alliance in the development of renewables"
478:
1899:
653:
543:
In July 2022, the company was fined €57.1 million, along with five other contractors, by the
497:
In
September 2011, ACS Group issued an offer to purchase a controlling stake in German rival
474:
191:
1662:
547:(CNMC) for bidding collusion in public tenders for building and civil infrastructure works.
8:
1341:
643:
513:
195:
184:
386:
344:
313:
160:
840:
532:
66:
1849:
1338:"Mergers: Commission approves the proposed acquisition of Abertis by ACS and Atlantia"
1959:
828:
370:
366:
199:
111:
999:"Dragados has been awarded the first contract of the New York Subway extension plan"
2095:
1869:
1777:
676:
469:
446:
361:
291:
836:
1994:
1894:
390:
100:
83:
486:
1989:
1944:
973:
790:
188:
62:
1107:"New Purple Line contractors selected to resume full construction this spring"
2029:
1874:
1749:
1306:"ACS and Atlantia agree to share $ 22.4bn Abertis, ending bitter bidding war"
681:
671:
461:
77:
2009:
1763:
176:
48:
1324:"Atlantia, ACS complete 16.5 billion euro acquisition of Spain's Abertis"
820:
812:
663:
491:
1787:
484:
During 2006, the company acquired 22.0% of the
Spanish utility company
251:
1934:
1914:
1889:
1884:
1393:"Vinci completes the acquisition of ACS's energy business (Cobra IS)"
1356:"CS Sells 74% Of Its Six 'Shadow Toll' Motorways In Spain For €950 M"
1086:"Design Issues Resolved in Delayed $ 1B Corpus Christi Harbor Bridge"
552:
203:
1904:
1854:
1539:"ACS posts 17% rise in 2023 profit stoked by construction overseas"
1472:"Spain's six top builders fined, restricted over bidding collusion"
1396:
637:
524:
498:
441:, telecommunications businesses in 2000 before going on to acquire
165:
508:. In October 2018, ACS Group joined with the Italian holding firm
2014:
1964:
1949:
1939:
1924:
1919:
1844:
1832:
1743:
777:
505:
394:
39:
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Construction and civil engineering companies established in 1997
1444:"Spain's ACS confirms bid for Atlantia's stake in motorway unit"
456:
During 2005, ACS entered the US market via the establishment of
1979:
1954:
1909:
799:
686:
509:
450:
382:
133:
27:
Spanish company dedicated to civil and engineering construction
1999:
1827:
1137:"New construction contract for Maryland's Purple Line signed"
783:
271:
180:
1864:
220:
335:
405:
The company was formed when a team of engineers acquired
1458:"Atlantia sells Hochtief stake to ACS for 578 mln euros"
1524:"Germany's Hochtief, Spain's ACS merge US subsidiaries"
1430:"ACS Weighs Construction Spinoff Amid Toll Roads Focus"
811:
Major projects involving the company have included the
1575:"Palau de les Arts Reina Sofía on Structurae database"
922:"In Spain, a Debt Crisis Built on Corporate Borrowing"
2051:
Construction and civil engineering companies of Spain
1375:"ACS Group to sell renewables unit to France's Vinci"
1225:"Spain's ACS Secures Crucial Stake in Rival Hochtief"
369:
engineering, construction, all types of services and
2086:
Non-renewable resource companies established in 1997
1739:
433:, an environmental contractor in 1999 and stakes in
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.
802:), a construction company acquired by ACS in 2003
2091:Telecommunications companies established in 1997
2027:
1663:"LGV Perpignan-Figueras on Structurae database"
1643:(in German). En.structurae.de. 27 November 2008
1577:(in German). En.structurae.de. 27 November 2008
413:, a support services business, and merged with
2061:Multinational companies headquartered in Spain
1372:
1288:"ACS group studying counter-offer for Abertis"
2101:Companies listed on the Madrid Stock Exchange
1810:
1077:
1193:"ACS hopes to sell Union Fenosa by mid-Sept"
445:, a large contractor established during the
1049:"East Side Access Quarterly Report Q3 2009"
1013:"East Side Access Quarterly Report Q3 2009"
2071:Companies based in the Community of Madrid
1817:
1803:
1641:"Torre Caja Madrid on Structurae database"
835:High Speed railway completed in 2009, the
343:
47:
38:
1619:"Torre de Crystal on Structurae database"
1427:
1373:Sánchez Molina, Pilar (2 October 2020).
870:
868:
866:
864:
862:
860:
789:
393:, the company's shares form part of the
1241:
806:
771:
706:
702:Iridium Concesiones de Infraestructuras
14:
2028:
1104:
2106:Spanish companies established in 1997
2046:Telecommunications companies of Spain
1798:
1717:"Crescent Dunes Solar Energy Project"
1496:
1105:Shaver, Katherine (5 November 2021).
1083:
1056:Metropolitan Transportation Authority
1020:Metropolitan Transportation Authority
876:"Integrated Report of ACS Group.2021"
857:
466:Metropolitan Transportation Authority
360:
2081:Energy companies established in 1997
1597:"Torre Agbar on Structurae database"
1553:"Alqueva Dam on Structurae database"
1536:
1117:from the original on 5 November 2021
365:) is a Spanish company dedicated to
1428:Orihuela, Rodrigo (13 April 2021).
845:Crescent Dunes Solar Energy Project
24:
1242:Guthrie, Sandy (27 January 2011).
1207:"ACS bids for control of Hochtief"
1129:
1041:
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:
2117:
1735:
1537:Pons, Corina (29 February 2024).
1065:from the original on 27 June 2016
1029:from the original on 27 June 2016
696:
1826:
1770:
1756:
1742:
1147: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:
2056:Conglomerate companies of Spain
1709:
1677:
1655:
1633:
1611:
1589:
1567:
1545:
1530:
1516:
1490:
1464:
1450:
1436:
1421:
1403:
1385:
1366:
1348:
1330:
1316:
1298:
1280:
1254:
1235:
1217:
1199:
1185:
1159:
1098:
1084:Tyson, Daniel (10 April 2023).
564:
1058:. September 2009. p. 16.
1022:. September 2009. p. 16.
1005:
991:
966:
940:
914:
892:
588:J.F. White Contracting Company
582:Schiavone Construction Co. LLC
13:
1:
1665:(in German). En.structurae.de
1621:(in German). En.structurae.de
1599:(in German). En.structurae.de
1555:(in German). En.structurae.de
1497:Evans, Jason (30 July 2024).
1460:. Reuters. 15 September 2022.
850:
817:Palau de les Arts Reina Sofia
742:Grupo MAESSA Arabia Saudi Ltd
53:Headquarters in Madrid, Spain
1930:International Airlines Group
1310:globalconstructionreview.com
558:
7:
1326:. Reuters. 29 October 2018.
755:
123:; 27 years ago
10:
2122:
843:completed in 2014 and the
407:Construcciones Padrós S.A.
400:
2066:Companies based in Madrid
2041:Energy companies of Spain
2036:Public utilities of Spain
1840:
948:"Spanish merger approved"
330:
320:
309:
289:
269:
249:
229:
210:
172:
154:
140:
117:
107:
93:
75:
58:
46:
37:
1526:. Reuters. 30 July 2024.
1446:. Reuters. 9 April 2021.
1248:constructionbriefing.com
1244:"ACS wins another round"
1195:. Reuters. 21 July 2008.
419:OCP Construcciones, S.A.
375:OCP Construcciones, S.A.
187:construction, transport
1091:Engineering News-Record
831:completed in 2008, the
827:completed in 2008, the
823:completed in 2005, the
819:completed in 2005, the
815:completed in 2002, the
570:Dragados North America
538:Autostrade per l'Italia
385:and the chairperson is
833:LGV Perpignan–Figueres
803:
479:Maryland's Purple Line
449:to dredge the Port of
358:Spanish pronunciation:
1900:Inmobiliaria Colonial
793:
658:E.E. Cruz and Company
475:Harbor Bridge Project
206:, industrial services
1697:on 27 September 2011
1417:. 18 September 2023.
1213:. 24 September 2010.
974:"About Dragados USA"
807:Significant projects
772:Minority Investments
707:Industrial companies
397:stock market index.
1399:. 31 December 2021.
1342:European Commission
1268:. UK. 11 April 2011
1173:. UK. 11 April 2011
1167:"ACS vetoes tie-up"
1141:The Washington Post
1111:The Washington Post
954:. UK. 11 April 2011
847:completed in 2016.
514:European Commission
322:Number of employees
196:facility management
34:
1835:companies of Spain
1719:. Power Technology
1262:"Hochtief website"
926:The New York Times
841:Ponce, Puerto Rico
804:
745:Intecsa Industrial
601:Roura & Cevasa
585:Prince Contracting
579:John P. Picone Inc
520:for €950 million.
371:telecommunications
32:
2023:
2022:
1960:Merlin Properties
1231:. 4 January 2011.
1143:. 14 April 2022.
829:Torre Caja Madrid
733:Dragados OFFSHORE
362:[aθeˈese]
351:
350:
112:Civil engineering
16:(Redirected from
2113:
1870:Amadeus IT Group
1831:
1830:
1819:
1812:
1805:
1796:
1795:
1791:
1790:
1788:Official website
1780:
1778:Companies portal
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1690:. Archived from
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1362:. 29 April 2020.
1352:
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1313:
1312:. 16 March 2018.
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986:
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978:dragados-usa.com
970:
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911:
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896:
890:
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887:
885:
880:
872:
825:Torre de Cristal
794:Head offices of
767:Continental-Rail
447:Second World War
389:. Listed on the
387:Florentino Pérez
364:
359:
347:
342:
339:
337:
314:Florentino Pérez
304:
301:
300:
294:
284:
281:
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274:
264:
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244:
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232:Operating income
224:
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161:Florentino Pérez
131:
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103:
68:Sociedad Anónima
51:
42:
35:
31:
21:
2121:
2120:
2116:
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2019:
1850:Acciona Energía
1836:
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1685:"Portugues Dam"
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1415:agenzianova.com
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1379:pv-magazine.com
1371:
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1294:. 25 July 2017.
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1001:. 10 July 2006.
997:
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668:CPB Contractors
593:Dragados Canada
567:
561:
403:
391:Bolsa de Madrid
357:
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323:
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242:
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185:non-residential
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2018:
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2012:
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1990:Banco Sabadell
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1736:External links
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1344:. 6 July 2018.
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736:GRUPO MAESSA
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565:Construction
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272:Total assets
223:27.8 billion
177:Public works
141:Headquarters
101:ES0167050915
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59:Company type
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1970:Puig Brands
902:. 4-Traders
821:Torre Agbar
813:Alqueva Dam
712:Grupo Cobra
664:CIMIC Group
555:interests.
492:Gas Natural
192:concessions
181:residential
2030:Categories
2010:Telefónica
1723:5 February
1701:2 December
1669:2 December
1647:2 December
1625:2 December
1603:2 December
1581:2 December
1559:2 December
1541:. Reuters.
1272:2 December
1229:spiegel.de
1177:2 December
1121:8 November
1069:5 February
1033:5 February
958:2 December
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851:References
715:Grupo Etra
477:, and the
425:to create
417:to create
415:OCISA S.A.
252:Net income
202:services,
156:Key people
1995:Santander
1935:Iberdrola
1915:Ferrovial
1890:CaixaBank
1885:Bankinter
1266:The Times
1171:The Times
952:The Times
721:SEMI S.A.
559:Divisions
553:toll road
427:Grupo ACS
338:.grupoacs
204:logistics
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1855:Acerinox
1503:Flatiron
1482:15 March
1397:Vinci SA
1151:21 April
1145:Archived
1115:Archived
1060:Archived
1024:Archived
983:2 August
932:31 March
796:Dragados
756:Services
718:Etra air
654:Flatiron
640:(66.5%)
638:Hochtief
634:Pol-Aqua
628:Dycvensa
604:Electren
525:Vinci SA
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431:Onyx SCL
173:Services
166:Chairman
108:Industry
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2096:IBEX 35
2015:Unicaja
2005:Solaria
1965:Naturgy
1950:Logista
1940:Inditex
1925:Grifols
1920:Fluidra
1895:Cellnex
1845:Acciona
1833:IBEX 35
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1476:Reuters
778:Abertis
724:IMESAPI
622:GEOCISA
619:Dravosa
506:Abertis
401:History
395:IBEX 35
331:Website
316:(12.5%)
211:Revenue
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126: (
118:Founded
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1980:Repsol
1955:Mapfre
1910:Endesa
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884:30 May
800:Madrid
739:Maetel
687:Ventia
677:Thiess
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631:Dycasa
625:COGESA
576:Pulice
518:Hermes
468:(MTA)
451:Tarifa
383:Madrid
305:(2021)
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134:Madrid
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1945:Indra
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780:(25%)
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