Abertis

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Abertis Infraestructuras, SA
Type Public
Founded April 2003
Headquarters Barcelona, Spain
Key people Salvador Alemany, CEO
Industry transportation
telecommunications
logistics
Products motorways
airports
television networks
Revenue € 3,620 million (2007)
Operating income € 1,485 million (2007)
Net income € 682 million (2007)
Employees 11,364 (2007)
Website www.abertis.com

Abertis Infraestructuras, SA, (BMAD: ABE) 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 25% of the shares are owned by Grupo ACS.[1]

Contents

[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.[2]

In December 2003 Abertis acquired Retevision, a leading Spanish radio and television distribution business.[3]

In June 2004 Abertis acquired Iberpistas, another Spanish toll road operator.[4]

In January 2005 Abertis acquired TBI plc, a British airport operator.[5]

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.[6] Abertis intends to sell some of its stake in the company.[6]

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 [7].

[edit] Structure

[edit] Freeway management companies

[edit] Telecommunications companies

[edit] Airports management

[edit] Parkings management

[edit] Logistics

[edit] Others

[edit] External links

[edit] References

  1. ^ Shareholder information
  2. ^ Historical background
  3. ^ Administrator's Notice regarding Retevision
  4. ^ Abertis and Iberpista get merger process underway
  5. ^ TBI agrees Spanish takeover
  6. ^ a b Barrett, Jane; O'Leary, Elisabeth. "Abertis throws in towel on merger with Atlantia", Reuters, 29 January 2008. Retrieved on 2008-02-05. 
  7. ^ Nussbaum, Paul. "Top bid to lease turnpike is record", The Philadelphia Inquirer, May 20, 2008. Retrieved on 2008-05-21. 
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