Abertis
 |
|
| 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) |
| €1,868 million (2014) | |
| Profit | €655 million (2014) |
|
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 . Its headquarters are in Barcelona, Catalonia, Spain.
In April 2003, Acesa Infraestructures, a business founded in 1967 as Autopistas, Concesionaria 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.
In December 2003, Abertis acquired Retevision, a leading Spanish radio and television distribution business.
In June 2004, Abertis acquired Iberpistas, another Spanish toll road operator.
In December 2005, Abertis acquired the French toll road operator Sanef.
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. Abertis intends to sell some of its stake in the company.
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. However, the consortium withdrew the offer on September 30, 2008 as they felt the proposal would not win approval in the state legislature.
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Wikipedia