Grupo Agbar
 | |
| Type | Sociedad Anónima |
|---|---|
| Traded as | BMAD: AGS |
| Industry | Utilities |
| Founded | Liege, Belgium (1867) |
| Headquarters | Barcelona, Spain |
| Key people | Àngel Simon i Grimaldos, Chairman and CEO |
| Services | Water treatment and Water supply |
| Revenue | €167.3 million (2006) |
| Owner(s) | Suez Environnement and Criteria |
| Employees | 25,000 (2006) |
| Website | www.agbar.com |
Sociedad General de Aguas de Barcelona, S.A. (Agbar) is a Spanish company dedicated to services, distribution or treatment of water. The company was founded in 1867 in Liège as Compagnie des Eaux de Barcelone by an investor from France and Catalonia (Spain). The group is present in almost all the continents as North America, South America, Asia and Europe. The headquarters are in Barcelona and the chairman is Àngel Simon i Grimaldos.
Agbar is constituted by more than 230 companies and with more than 140 years of history. Agbar is worldwide leader as much in the scopes that constitute the essential axis of their activities related to the cycle of the water like in the sectors of activity that the new society demands, specially in those of services of health, certification, construction and communications networks.
A joint acquisition bid by Suez (now Suez Environnement) and Criteria CaixaCorp, concluded in January 2008, resulted in the two companies controlling around 90% of Agbar's shares. Suez and Criteria have stated that they do not intend to delist Agbar from the Madrid Stock Exchange, instead gradually increasing the free float percentage of the company's shares from ten to thirty percent with two years.[1]
References
- ↑ "Suez, Criteria plan for 30 pct Agbar free float". Reuters. 18 January 2008. Retrieved 2008-01-19.