Spanish road firm deal

The European Commission has given the go-ahead for an acquisition of Spanish highway firm Abertis by German construction company Hochtief. Hochtief is itself a subsidiary of Spanish construction firm ACS but the EC ruling says that there are no competition issues in the markets affected by the deal. Spain’s highway concession market is covered by a regulatory system to minimise the risk of any one company reaching a position that is too dominant. With the EC ruling having been given on the deal, Spain’s
February 8, 2018 Read time: 1 min

The European Commission has given the go-ahead for an acquisition of Spanish highway firm Abertis by German construction company Hochtief. Hochtief is itself a subsidiary of Spanish construction firm ACS but the EC ruling says that there are no competition issues in the markets affected by the deal. Spain’s highway concession market is covered by a regulatory system to minimise the risk of any one company reaching a position that is too dominant. With the EC ruling having been given on the deal, Spain’s stock market regulator, CNMV, is now giving its go ahead for the deal.

Finance & Funding

Related Content

  • Bomag’s president Ralf Junker puts his faith in BIM
    November 8, 2017
    World Highways recently caught up with Ralf Junker, president of BOMAG Group, during the company’s Innovation Days at its headquarters in Germany. David Arminas reports. Ralf Junker hasn’t forgotten his roots. You can put as much machine control as you like on a piece of construction equipment but all that high-technology is for nothing if the build quality isn’t there. Junker knows something about build quality. When he started at BOMAG in 1988, he was in the welding shop, eventually becoming supervisor
    Read More
  • Far from formulaic
    January 4, 2013
    Formwork solutions for the first axial suspension cable stayed bridge in India; and a four-lane road bridge in Germany’s Harz Mountains, are among the latest bridge-based formwork projects analysed by Guy Woodford. RMD Kwikform India has won the contract to design and supply shoring and formwork solutions for the first axial suspension cable stayed bridge ever built in India. The Kota Bridge’s innovative design sees a single 350m span cross the entire width of the Chambal River, with three approach spans on
    Read More
  • A European Deere?
    July 4, 2018
    Iconic US manufacturer John Deere is back in Europe, thanks to its purchase of Wirtgen. David Arminas looks at what’s in store The gods were smiling on the Wirtgen Group for the company’s Road Technology Days 2018 event. This year it was held in summer-like weather at the recently expanded Voegele plant near Mannheim in Germany. Within days in northern Europe the season dramatically changed from dreary chilly late winter to glorious high temperatures, just in time to bathe the amassed demonstration equi
    Read More
  • Innovative moveable barrier system
    March 9, 2012
    New ownership offers greater overseas potential for Barrier Systems
    Read More

Highlighted Content