Samiksha Jaiswal

ACS Group

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Type  Sociedad Anónima
Industry  Civil engineering
Headquarters  Madrid, Spain
Traded as  BMAD: ACS
Revenue  34.06 billion EUR (2016)
Owner  Florentino Pérez (12.7%)
ACS Group httpsiforbesimgcommedialistscompaniesgrup
Founded  1997; 20 years ago (1997) Madrid, Spain
Key people  Florentino Pérez (Chairman & CEO)
Services  Public works, residential and non-residential construction, transport infrastructure concessions, facility management, environmental services, logistics, industrial services
Stock price  ACS (BME) € 30.20 -0.04 (-0.13%)10 Mar, 5:36 PM GMT+1 - Disclaimer
Subsidiaries  Hochtief, Dragados S.A., Turner Construction

ACS, Actividades de Construcción y Servicios, S.A. ([aθeˈese]) is a Spanish company dedicated to civil and engineering construction, all types services and telecommunications. It is one of the leading construction companies in the world, with projects in many countries around the world. The company was founded in 1997 through the merger of OCP Construcciones, S.A. and Ginés Navarro Construcciones, S.A.. The group has a global presence, including countries like Germany, India, Brazil, Chile, Morocco and Australia. The headquarters are in Madrid and the chairman is Florentino Pérez. Listed on the Bolsa de Madrid, the company's shares form part of the IBEX 35 stock market index.

Contents

History

The company was formed when a team of engineers acquired Construcciones Padrós S.A., a construction business which had been in financial difficulty, in 1983. The company acquired a majority holding in Cobra, a support services business, and merged with OCISA S.A. to create OCP Construcciones, S.A. in 1993; it went on to merge with Ginés Navarro Construcciones, S.A. to create Grupo ACS in 1997. It subsequently bought Onyx SCL, an environmental contractor, in 1999 and stakes in Xfera and Broadnet, telecommunications businesses, in 2000 before going on to acquire Dragados S.A., a large contractor established during World War II to dredge the Port of Tarifa and which had subsequently gained extensive experience in hydro-electric and civil engineering work, in 2003.

In 2006 the company acquired 22.0% of Unión Fenosa (raised later to 45%), a leading utilities business, and in 2011, Grupo ACS raised its stake in Hochtief to 50.16%, effectively acquiring the company.

Construction

  • Impresa Edile Stivaletti S.n.c Italy
  • Dragados
  • Pulice
  • John Picone
  • Schiavone
  • Prince Contracting
  • J.F. White
  • VYCSA
  • Roura & Cevasa
  • Electren
  • Constru-Rail
  • TECSA
  • Drace
  • Dravosa
  • GEOCISA
  • COGESA
  • Dycvensa
  • Dycasa
  • Pol-Aqua
  • Hochtief
  • Turner
  • Clark Builders
  • Flatiron
  • E.E. Cruz and Company
  • Infrastructure

  • Iridium
  • Industrial companies

  • Grupo Cobra
  • Grupo Etra
  • SEMI S.A.
  • IMESAPI
  • EYRA
  • CYMI
  • Dragados OFFSHORE
  • GRUPO MAESSA
  • Grupo MAESSA Arabia Saudi Ltd
  • Intecsa Industrial
  • Initec Energía
  • SICE
  • Services

  • Urbaser
  • Clece
  • Dragados SPL
  • Continental-Auto
  • Minority Investments

  • Abertis (25%)
  • Iberdrola (5.8%)
  • Urbis
  • Major projects

    Major projects involving the company have included the Alqueva Dam completed in 2002, the Palau de les Arts Reina Sofia completed in 2005, the Torre Agbar completed in 2005, the Torre de Cristal completed in 2008, the Torre Caja Madrid completed in 2008, the LGV Perpignan–Figueres High Speed railway completed in 2009 and the Portugués Dam in Ponce, Puerto Rico completed in 2014.

    References

    ACS Group Wikipedia


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