Sacyr Vallehermoso
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Headquarters.
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| Sociedad Anónima | |
| Traded as | BMAD: SYV |
| Industry | Construction, Investment |
| Founded | 1999 |
| Headquarters | Madrid, Spain |
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Key people
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Manuel Manrique Cecilia (President and CEO) |
| Revenue | €3.614 billion (2012) |
| €506.1 million (2012) | |
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Number of employees
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21,380 (end 2010) |
| Website | www.gruposyv.com |
Sacyr Vallehermoso, S.A. (Spanish pronunciation: [saˈθir βaʎerˈmoso]) is a leading Spanish construction company based in Madrid. It is publicly traded and is part of the IBEX 35 capitalization-weighted .
The company was founded in 1986 as Sociedad Anónima Caminos y Regadíos and was renamed Sacyr in 1991. In 2002 it acquired 24.5% of Vallehermoso, a leading Spanish housing business founded in 1921. In 2003 it merged with Vallehermoso to form Sacyr Vallehermoso.
Major projects involving the business include the Torre Sacyr Vallehermoso, completed in 2008.
Sacyr Vallehermoso was the largest shareholder in the Spanish oil company Repsol YPF, holding an approximate 20% stake. On December 20, 2011 Repsol YPF bought half of Sacyr Vallehermoso's stake back in order to save the shares from being seized in a foreclosure.
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Wikipedia