Abertis

Abertis Infraestructuras, S.A. (Spanish pronunciation: [aˈβertis imfɾaestɾukˈtuɾas]) is a Spanish conglomerate corporation. The company runs over 8,000 kilometres of motorways in Europe and America. Abertis manages toll roads and telecommunication infrastructures.

Abertis is part of the IBEX-35 index and is being traded on the Madrid Stock Exchange. Its headquarters are in Barcelona, Catalonia, Spain.

History

In April 2003, Acesa Infraestructures, a business founded in 1967 as Autopistas Conceionaria Española S.A., merged with Aurea Concessiones de Infraestructures, a business founded in 1971 as Autopistas de Mare Nostrum (into which Dragados had spun off its own toll roads), to form Abertis.

In December 2003, Abertis acquired Retevision, a leading Spanish radio and television distribution business.

In June 2004, Abertis acquired Iberpistas, another Spanish toll road operator.

In December 2005, Abertis acquired the French toll road operator Sanef.

An attempt initiated in April 2006 to acquire Atlantia (formerly Autostrade), the leading Italian toll road operator, was aborted in January 2008 after opposition from the Italian Government. Abertis intends to sell some of its stake in the company.