Grupo ACS

#1751

Rank

$8.43B

MarketCap ES

ES Spain

Country

Summary
ACS, Actividades de Construcción y Servicios, S.A. provides construction and related services in Spain and internationally. The company undertakes construction activities related to development of highways, railways, maritime, airport works, hydraulic infrastructures, coasts, ports, civil engineering, educational and sports facilities, residential, and social infrastructures and facilities; undertakes contracts for the provision of mining services and infrastructure required for mining activities; and offers maintenance services for buildings, public places, and organizations. It also engages in the operation and maintenance activities, and development of real estate infrastructures; design, development, construction, and operation of infrastructure projects, real estates, and facilities; and promotion and development of transport and public facilities, as well as management of different public-private collaboration models. In addition, the company offers services for people, such as care for elderly citizens, dependent people, disabled people, and children aged up until the age of three; and manages playschools and collective restoration. Further, it provides services for building, such as maintenance, energy efficiency, cleaning, security, and logistics and auxiliary services; and services for public spaces comprising managing public lighting, which includes investing in changing light fittings, environmental services, and airport services. ACS, Actividades de Construcción y Servicios, S.A. was founded in 1997 and is based in Madrid, Spain.

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 , a leading utilities business, before divesting it to Gas Natural in 2008, and in 2011, Grupo ACS raised its stake in Hochtief to 50.16%, effectively acquiring the company.


Mission
ACS’s mission is to create sustainable value for its clients and investors through providesing superior engineering and construction services.

Vision
ACS’s vision is to be more integrated and complete, a global leader and benchmark in infrastructure development and engineering, with an entrepreneurial culture and a passion for excellence.

Key Team

Mr. Ángel Manuel García Altozano (Corp. Managing Director)

Mr. Eugenio Llorente Gómez (Pres & Chairman of ACS Servicios, Comunicaciones y Energía)

Mr. Cristóbal Valderas Alvarado (Chief Exec. Officer of Clece)

Mr. Peter J. Davoren (Exec. Chairman & CEO of Turner Construction)

Mr. Nikolaus Graf von Matuschka (CEO of HOCHTIEF Solutions & Member of the Exec. Board - HOCHTIEF AG)

Mr. Adolfo Valderas Martínez (Chairman & CEO of Flatiron)

Ms. Nuria Haltiwanger (Chair & CEO of Iridium, Concesiones de Infraestructuras, S.A.)


Recognition and Awards
ACS has earned numerous awards and accolades for its work throughout the years, including the World Engineering Award of Excellence, the “Sea of Difference Sustainability Award”, the United Nations Climate Change Award, and the Queen Awards for Enterprise.

References
Grupo ACS
Leadership team

Mr. Florentino Pérez Rodríguez (Exec. Chairman)

Mr. Jose-Luis del Valle Perez L.L.B., LLB (Gen. Sec. & Exec. Director)

Mr. Juan Santamaria Cases (CEO & Director)

Products/ Services
Civil Engineering, Construction, Industrial Engineering
Number of Employees
Above 50,000
Headquarters
Madrid, Madrid, Spain
Established
1983
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
ACS.MC
Social Media
Fri Mar 01 2024
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