Abertis
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| Type | Sociedad Anónima (BMAD: ABE) |
|---|---|
| Industry | Transportation, logistics, telecommunications |
| Founded | April 2003 |
| Headquarters | Barcelona, Spain |
| Key people | Salvador Alemany (Chairman), Francisco Reynés (CEO) |
| Products | Motorway toll road concessions, airport management, television networks |
| Revenue | €4.106 billion (2010)[1] |
| Operating income | €1.519 billion (2010)[1] |
| Profit | €662 million (2010)[1] |
| Total assets | €25.29 billion (end 2010)[1] |
| Total equity | €5.453 billion (end 2010)[1] |
| Employees | 12,400 (average, 2010)[1] |
| Website | www.abertis.com |
Abertis Infraestructuras, S.A. is a Spanish corporation. The company runs 6,713 kilometres of motorways in Europe and operates more than a dozen airports in cities including London, Stockholm and Orlando. Abertis manages toll roads and parking garages, is owner of various television and radio transmission networks as well as of the concessionaire of London Luton Airport.
Abertis is part of the IBEX-35 index and is being traded on the Bolsa de Madrid. Its headquarters are in Barcelona, Catalonia, Spain.
Some 26% of the shares are owned by Grupo ACS, with Criteria CaixaCorp holding almost 29%.[2]
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[edit] History
In April 2003 Acesa Infraestructures, a business founded in 1967 as Autopistas Conceionaria 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.[3]
In December 2003 Abertis acquired Retevision, a leading Spanish radio and television distribution business.[4]
In June 2004 Abertis acquired Iberpistas, another Spanish toll road operator.[5]
In January 2005 Abertis acquired TBI plc, a British airport operator.[6]
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.[7] Abertis intends to sell some of its stake in the company.[7]
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. This proposal still faces approval from the state legislature.[8]
[edit] Structure
[edit] Freeway management companies
- Abertis Infraestructuras
[edit] Telecommunications companies
- Abertis Telecom
- Retevisión
- Tradia
[edit] Airports management
- Abertis Airports
- Cardiff International Airport, Belfast International Airport
- Airport Concessions & Development Ltd -
- Codad -
- TBI plc
[edit] Parkings management
- Abertis Saba, present in the following countries: Spain, Italy, Portugal, Morocco, Andorra and Chile.
[edit] Logistics
- Abertis Logística
- ZAL Barcelona
- ZAL Sevilla
- Arasur
- Parc Logístic de la Zona Franca
[edit] Others
- Fundación Abertis
- Serviabertis
- Cátedra Abertis
[edit] External links
[edit] References
- ^ a b c d e f "Annual Results 2010". Abertis. http://www.abertis.com/dyndata/EvolucionNegocios4T10_DEF_EN.pdf. Retrieved 27 March 2011.
- ^ Shareholder information
- ^ Historical background
- ^ Administrator's Notice regarding Retevision
- ^ Abertis and Iberpista get merger process underway
- ^ TBI agrees Spanish takeover
- ^ a b Barrett, Jane; O'Leary, Elisabeth (29 January 2008). "Abertis throws in towel on merger with Atlantia". Reuters. http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSL2924220420080129. Retrieved 2008-02-05.
- ^ Nussbaum, Paul (May 20, 2008). "Top bid to lease turnpike is record". The Philadelphia Inquirer. http://www.philly.com/inquirer/front_page/20080520_Spanish_firm_submits_highest_turnpike_bid.html. Retrieved 2008-05-21.[dead link]
