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Ferrovial sells its stake in Serveo to Portobello Capital
The transaction completes Ferrovial’s divestment of the services business in Spain Ferrovial, one of the world’s leading infrastructure companies, has completed the sale of its 24.78% stake in Serveo to the majority shareholder, Portobello Capital. This transaction culminates Ferrovial divestment of the services business in Spain as part of its strategy to focus on its […]
Ferrovial sells 5% stake in IRB Infrastructure Developers for 214 million euro
Ferrovial, una de las principales compañías de infraestructuras del mundo, ha vendido a través de su filial Cintra un 5% del capital de la sociedad india IRB Infrastructure Developers (IRB) por 214 millones de euros (suponiendo un tipo de cambio EUR/INR de 89,72).
Ferrovial sells Amey to a company controlled by One Equity Partners and Buckthorn Partners, for GBP 400 million
The deal furthers Ferrovial’s strategy of focusing on the development, construction and management of sustainable infrastructure. Ferrovial retains the UK waste treatment business, which manages 1 million tons p.a. This agreement practically concludes the divestment of Ferrovial’s former Services division Ferrovial has reached an agreement for the sale of 100% of the Amey group, almost […]
Ferrovial net profit rises to €1,197 million
EBITDA amounted to €596 million, a 39.5% increase on the €406 million reported in 2020, due to good performance by Construction and Toll Roads The Managed Lanes projects are rebounding strongly: I-77, NTE and NTE 35W had matched or exceeded 2019 traffic levels by the end of 2021 Construction reported a 2.2% EBIT margin on […]
Ferrovial completes the sale of its Infrastructure Services business in Spain to Portobello Capital for €170 million
The transaction was completed within the established deadlines Ferrovial retains a 24.9% stake The remainder of the Services division is still available for sale Ferrovial has signed the final agreement for the sale of its Infrastructure Services business in Spain to Portobello Capital as part of the ongoing divestment of Ferrovial Services. The stake was […]
Ferrovial completes sale of its Environmental Services business in Spain and Portugal to PreZero
The transaction was completed within the established deadlines Divestment of the Services businesses in the United Kingdom and Chile is ongoing The deal is in response to the company’s new strategy, focused on developing, building and managing sustainable infrastructure Ferrovial has completed the sale of its Environmental Services business in Spain and Portugal to PreZero, […]
Ferrovial sells Timec Oil & Gas (Ferrovial Services) in the US to Architect Equity
The deal furthers Ferrovial’s strategy of focusing on the development, construction and management of sustainable infrastructure. Timec provides services to the Oil&Gas sector in the US The rest of Ferrovial’s Services division in United Kingdom and Chile is still available for sale. Ferrovial has reached an agreement to sell Timec Oil & Gas in United […]
Ferrovial sells its Infrastructure Services business in Spain to Portobello Capital for €186 million
The deal furthers Ferrovial’s strategy of focusing on the development, construction and management of sustainable infrastructure. Ferrovial will hold a 24.9% stake. The rest of Ferrovial’s Services division is still available for sale. Ferrovial has reached an agreement to sell its Infrastructure Services business in Spain to Portobello Capital as part of the divestment of […]
Ferrovial increases its stake in the Virginia I-66 Managed Lanes project to 55.704%
Reinforces its presence in the United States, its main market by revenues I-66 Managed Lanes project investment is part of the Ferrovial’s Horizon 24 Plan for growth in sustainable infrastructure projects of high concession value Ferrovial, through its highway subsidiary Cintra, has agreed with John Laing the acquisition of an additional 5.704% stake of the […]
Ferrovial boosts EBITDA by 89% to €251 million in the first half of the year
The company has a sound financial position, with €6.510 million in liquidity and a net cash position, excluding infrastructure projects, of €1,859 million The Managed Lanes projects in Texas made a rapid recovery: NTE and NTE 35W ended the period with traffic above 2019 levels Construction reported a 2.4% EBIT margin on 6.3% growth in […]