| Company type | Private |
|---|---|
| Industry | Infrastructure |
| Founded | April 2003; 22 years ago (2003-04) |
| Headquarters | Madrid, Spain |
Key people |
|
| Products | Motorway toll road concessions |
| Revenue | €5,323 million(2017)[1] |
| €2,058 million(2017)[1] | |
| €1,291 million(2017)[1] | |
| Owner |
|
Number of employees | 15,046(2017) |
| Website | www.abertis.com |
Abertis Infraestructuras, S.A. (Spanish pronunciation:[aˈβeɾtisiɱfɾaestɾuɣˈtuɾas]) is a Spanish worldwide corporation engaged intoll road management. The company is headquartered inMadrid.[2] The company runs over 8,600 kilometres of toll roads in the world.[3] In October 2018, it was acquired by Italian corporationMundys and Spanish firmACS Group and the German companyHochtief.[4]
In April 2003,Acesa Infraestructures, a business founded in 1967 asAutopistas, Concesionaria Española S.A., merged withAurea Concesiones de Infraestructuras, a business founded in 1971 asAutopistas de Mare Nostrum (into whichDragados had spun off its own toll roads), to formAbertis.[5]
In December 2003, theAbertis Group acquiredRetevision, a leadingSpanish radio and television distribution business;[6] in June 2004, it acquiredIberpistas, anotherSpanish toll road operator.[7] In December 2005, it acquired the French toll road operatorSanef.[8]
An attempt initiated in April 2006, to acquireAtlantia (formerly Autostrade), the leading Italian toll road operator, was aborted in January 2008, after opposition from theItalian Government.[9] Abertis then planned to sell some of its stake in the company.[9]
On May 19, 2008, Abertis, along withCiti Infrastructure Investors ofNew York City, submitted a $12.8 billion proposal to lease thePennsylvania Turnpike in theU.S. state ofPennsylvania for 75 years.[10] However, the consortium withdrew the offer on September 30, 2008 as they felt the proposal would not win approval in the state legislature.[11]
In 2009, Abertis got control of AP-68 concessionaire Avasa (Spain), and of Elqui and Rutas del Pacífico (Chile).[12] In 2011,Metropistas, an Abertis subsidiary, won the concession for the PR-22 and PR-5 toll roads inPuerto Rico.[13] In 2012, Abertis acquiredArteris, a Group managing nine toll road concessions inBrazil[14] and integrated additional three new toll roads inChile.[12] In 2015, the company took overAutopista del Sol and Los Libertadores, also in Chile.[12] In 2016, Abertis entered Italy through the concessionaireA4 Holding.[15] The company also acquired 100% ofAutopista Central inSantiago (Chile).[16] In the same year, the firm created Emovis, a subsidiary for development and management of technology and information services to offer electronic toll solutions and intelligent mobility.[17]
In 2017, the Abertis Group entered intoAsia through the acquisition of two toll roads inIndia.[12]
In October 2018, it was acquired byItalian corporationAtlantia, the Spanish firmACS Group and the German companyHochtief.[4]