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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
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: 1691: 1224: 875: 2060: 2100: 1323: 544: 1059: 1023: 1538: 2070: 1984: 1443: 1429: 1471: 1355: 2105: 2045: 1261: 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.
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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
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: 2076:
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
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 1775: 1774: 1773: 1766: 1761: 1760: 1759: 1752: 1747: 1746: 1729: 1728: 1726: 1724: 1713: 1707: 1706: 1704: 1702: 1696: 1690:. 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Reuters. 1272:2 December 1229:spiegel.de 1177:2 December 1121:8 November 1069:5 February 1033:5 February 958:2 December 906:1 November 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 78:Traded as 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 510:Atlantia 499:Hochtief 439:Broadnet 431:Onyx SCL 173:Services 166:Chairman 108:Industry 18:Dragados 2096:IBEX 35 2015:Unicaja 2005:Solaria 1965:Naturgy 1950:Logista 1940:Inditex 1925:Grifols 1920:Fluidra 1895:Cellnex 1845:Acciona 1833:IBEX 35 1508:30 July 1476:Reuters 778:Abertis 724: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::  1980:Repsol 1955:Mapfre 1910:Endesa 1905:Enagás 884:30 May 800:Madrid 739:Maetel 687:Ventia 677: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 2000:Sacyr 1945:Indra 1695:(PDF) 1688:(PDF) 1063:(PDF) 1052:(PDF) 1027:(PDF) 1016:(PDF) 879:(PDF) 784:Urbis 780:(25%) 761:Clece 616:Drace 613:TECSA 598:VYCSA 435:Xfera 411:Cobra 367:civil 310:Owner 149:Spain 1985:Rovi 1880:BBVA 1865:AENA 1725:2020 1703:2011 1671:2011 1649:2011 1627:2011 1605:2011 1583:2011 1561:2011 1510:2024 1484:2024 1274:2011 1179:2011 1153:2022 1123:2021 1071:2018 1035:2018 985:2024 960:2011 934:2013 908:2016 886:2022 751:SICE 730:CYMI 727:EYRA 437:and 377:and 340:.com 183:and 128:1997 121:1997 95:ISIN 84:BMAD 1860:ACS 839:in 682:UGL 464:'s 336:www 88:ACS 2032:: 1501:. 1474:. 1413:. 1395:. 1377:. 1358:. 1340:. 1308:. 1290:. 1264:. 1246:. 1227:. 1209:. 1169:. 1139:. 1113:. 1109:. 1088:. 1054:. 1018:. 976:. 950:. 924:. 859:^ 494:. 481:. 198:, 194:, 179:, 147:, 1818:e 1811:t 1804:v 1727:. 1705:. 1673:. 1651:. 1629:. 1607:. 1585:. 1563:. 1512:. 1486:. 1381:. 1276:. 1250:. 1181:. 1155:. 1125:. 1094:. 1073:. 1037:. 987:. 962:. 936:. 910:. 888:. 798:( 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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