ACS Group
Chairman) | |
Services | Public works, residential and non-residential construction, transport infrastructure concessions, facility management, environmental services, logistics, industrial services |
---|---|
Revenue | €27.8 billion (2021)[1] |
€1.02 billion (2021)[1] | |
€0.72 billion (2021)[1] | |
Total assets | €35.6 billion (2021)[1] |
Total equity | €7.02 billion (2021)[1] |
Owner | Florentino Pérez (12.5%)[2] |
Number of employees | 122,502 (2021)[1] |
Website | www |
ACS, Actividades de Construcción y Servicios, S.A. (Spanish pronunciation:
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.[3] 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.[4]
In 2006 the company acquired 22.0% of
In July 2022, the company was fined €57.1 million, along with five other contractors, by the Comisión Nacional de los Mercados y la Competencia (CNMC) for bidding collusion in public tenders for building and civil infrastructure works.[7]
Divisions
Construction
- Dragados
- Pulice
- John Picone
- Schiavone
- Prince Contracting
- J.F. White
- VYCSA
- Roura & Cevasa
- Electren
- Constru-Rail
- Edileuropa Di Stivaletti Michele
- TECSA
- Drace
- Dravosa
- GEOCISA
- COGESA
- Dycvensa
- Dycasa
- Pol-Aqua
- Hochtief (66.5%)
- Turner
- Clark Builders
- Flatiron
- E.E. Cruz and Company
- CIMIC Group
- CPB Contractors
- Leighton Asia
- Thiess
- UGL
- Ventia
- Turner
Infrastructure
- Iridium
Industrial companies
- Grupo Cobra
- Grupo Etra
- Etra air
- SEMI S.A.
- IMESAPI
- EYRA
- CYMI
- Dragados OFFSHORE
- GRUPO MAESSA
- Maetel
- Grupo MAESSA Arabia Saudi Ltd
- Intecsa Industrial
- Initec Energía
- SICE
Services
- Clece
- Dragados SPL
- Continental-Rail
Minority Investments
Significant projects
Major projects involving the company have included the
References
- ^ a b c d e f "Integrated Report of ACS Group.2021" (PDF). Retrieved 30 May 2022.
- ^ 4-traders. "ACS Actividades de Constrccn y Srvcos SA company : Shareholders, managers and business summary | Mercado Continuo Espanol: ACS". 4-Traders. Retrieved 1 November 2016.
{{cite web}}
: CS1 maint: numeric names: authors list (link) - ^ "In Spain, a Debt Crisis Built on Corporate Borrowing". The New York Times. 9 May 2012. Retrieved 31 March 2013.
- ^ "Spanish merger approved". The Times. UK. 11 April 2011. Retrieved 2 December 2011.
- ^ "ACS vetoes tie-up". The Times. UK. 11 April 2011. Retrieved 2 December 2011.
- ^ "Hochtief website". The Times. UK. 11 April 2011. Retrieved 2 December 2011.
- ^ "Spain's six top builders fined, restricted over bidding collusion". Reuters. 7 July 2022. Retrieved 15 March 2024.
- ^ "Alqueva Dam on Structurae database" (in German). En.structurae.de. Retrieved 2 December 2011.
- ^ "Palau de les Arts Reina Sofía on Structurae database" (in German). En.structurae.de. 27 November 2008. Retrieved 2 December 2011.
- ^ "Torre Agbar on Structurae database" (in German). En.structurae.de. Retrieved 2 December 2011.
- ^ "Torre de Crystal on Structurae database" (in German). En.structurae.de. Retrieved 2 December 2011.
- ^ "Torre Caja Madrid on Structurae database" (in German). En.structurae.de. 27 November 2008. Retrieved 2 December 2011.
- ^ "LGV Perpignan-Figueras on Structurae database" (in German). En.structurae.de. Retrieved 2 December 2011.
- ^ "Portugues Dam" (PDF). Archived from the original (PDF) on 27 September 2011. Retrieved 2 December 2011.
- ^ "Crescent Dunes Solar Energy Project". Power Technology. Retrieved 5 February 2020.