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

  • Ferrovial loses control of Canada’s 407 Express Toll Road
    August 27, 2019
    Ferrovial has lost control of the 407 International highway in Canada, one of the Spanish group's star assets. The Supreme Court in the province of Ontario has ruled in favour of co-shareholder pension fund Canada Pension Plan Investment Board to buy another stake - 10.01% - in the highway. The shares are up for sale by another shareholder, Montreal-based global infrastructure engineering firm SNC-Lavalin. The court denied Ferrovial, which already has the largest shareholding at 43% in the highway, th
    Read More
  • The ADT offers hauling versatility
    May 20, 2014
    The ADT offers a highly versatile option for earthmoving applications and manufacturers are offering new and improved models with the latest low emission engines - Mike Woof writes The versatility and adaptability of the ADT has seen this type of machine become one of the most important types of equipment for the global off-highway machinery sector. The once popular motor scraper now sells in only limited numbers, even in the US, and has been replaced by the more versatile excavator and ADT combination o
    Read More
  • Ammann and Volvo CE strike asphalt paver deal
    December 14, 2023
    Ammann and Volvo CE are striking an asphalt paver deal.
    Read More
  • New opportunities for connected construction technology
    June 20, 2025

    Trimble is one of the leaders in the field for connected construction technology, with an impressive share of the market as well as a reputation for delivering some of the most sophisticated solutions. The company is keen to retain its role as a leader and is also reinforcing its position in key market segments. 

    Read More

Highlighted Content