ACS, Actividades de Construcción y Servicios, S.A. () is a Spanish company dedicated to

civil Civil may refer to: *Civic virtue, or civility *Civil action, or lawsuit * Civil affairs *Civil and political rights *Civil disobedience *Civil engineering *Civil (journalism), a platform for independent journalism *Civilian, someone not a membe ...

and engineering construction, all types services and

telecommunication Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that ...

s. It is one of the leading construction companies in the world, with projects in many countries around the world. The company was founded in 1997 through the merger of ''OCP Construcciones, S.A.'' and ''Ginés Navarro Construcciones, S.A.'' The group has a presence in Germany, India, Brazil, Chile, Morocco and Australia. The headquarters are in

Madrid Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), and ...

and the chairman is

Florentino Pérez Florentino Pérez Rodríguez (; born 8 March 1947) is a Spanish businessman, civil engineer, former politician, and the current president of Real Madrid as well as Chairman and CEO of Grupo ACS, a civil engineering company. He was also the first ...

. Listed on the

Bolsa de Madrid Bolsa de Madrid (; Madrid Stock Exchange) is the largest and most international of Spain's four regional stock exchanges (the others are located in Barcelona, Valencia, and Bilbao) that trade shares and convertible bonds and fixed income securiti ...

, the company's shares form part of the

IBEX 35 The IBEX 35 (IBerian IndEX) is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Espa ...

stock market index.

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 World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...

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 ''Unión Fenosa, S.A.'' was, until its acquisition by ''Gas Natural'' in 2009, a large Spanish company dedicated to the production and distribution of gas and electricity. It installed capacity of 11,120 megawatts of power and 8.9 million custome ...

'' (raised later to 45%), a leading utilities business, before divesting it to

Gas Natural Naturgy Energy Group S.A''.'', formerly ''Gas Natural Fenosa'' (), is a Spanish multinational natural gas and electrical energy utilities company, which operates primarily in Spain. The company's administrative headquarters are in Barcelona, while ...

in 2008, and in 2011, Grupo ACS raised its stake in

Hochtief Hochtief AG is a German construction company based in Essen, North Rhine-Westphalia, Germany.Hochtief Hochtief AG is a German construction company based in Essen, North Rhine-Westphalia, Germany.Turner Turner may refer to: People and fictional characters *Turner (surname), a common surname, including a list of people and fictional characters with the name * Turner (given name), a list of people with the given name *One who uses a lathe for turni ...

***Clark Builders **

Flatiron Flatiron or flat iron may refer to various things, often in the shape of a wedge: Objects *Clothes iron * Hair iron Places * Flatiron Building, New York City, at the intersection of 5th & Broadway **Flatiron District, New York City, named afte ...

***E.E. Cruz and Company **

CIMIC Group CIMIC Group Limited (formerly Leighton Holdings) is an Australian construction contractor. It is active in the telecommunications, engineering and infrastructure, building and property, mining and resources, and environmental services industries ...

***CPB Contractors ***

Leighton Asia Leighton Asia is an Asia-Pacific construction contractor, a part of the CIMIC Group, an Australian project development and contracting group. Leighton Asia is currently headquartered in Hong Kong, and has been operating in the continent for mo ...

***Thiess ***Ventia ***

UGL Limited UGL, formerly known as United Group, is an engineering company. The company provides construction, maintenance, and asset management services to the rail, resources, and infrastructure sectors, and corporate real estate, facilities management, a ...

Infrastructure

*Iridium

Industrial companies

*Grupo Cobra *Grupo Etra *Etra air *SEMI S.A. *IMESAPI *EYRA *CYMI *Dragados OFFSHORE *GRUPO MAESSA *Maetel *Grupo MAESSA Arabia Saudi Ltd *Intecsa Industrial *Initec Energía *SICE

Services

*Clece *Dragados SPL *Continental-Rail

Minority Investments

* Abertis (25%) * Urbis Sede de Dragados (Madrid) 04

Significant projects

Major projects involving the company have included the

Alqueva Dam The Alqueva Dam is an arch dam and the centrepiece of the Alqueva Multipurpose Project. It impounds the River Guadiana, on the border of Beja and Évora Districts in south of Portugal. The dam takes its name from the town of Alqueva to its right ...

completed in 2002, the

Palau de les Arts Reina Sofia Palau,, officially the Republic of Palau and historically ''Belau'', ''Palaos'' or ''Pelew'', is an island country and microstate in the western Pacific. The nation has approximately 340 islands and connects the western chain of the Caro ...

completed in 2005, the

Torre Agbar ''Torre'' (plurals ''torri'' and ''torres'') means ''tower'' in seven Romance languages (Portuguese, Spanish, Galician, Catalan, Italian, Occitan and Corsican) and may refer to: Biology * Muir-Torre syndrome, the inherited cancer syndrome * ...

completed in 2005, the

Torre de Cristal The Torre de Cristal ( Spanish for Glass Tower) is a skyscraper in the Cuatro Torres Business Area (CTBA) in Madrid, Spain, completed in 2008. With a final height of , it surpassed Torre Emperador as the tallest building in Spain, and is the ...

completed in 2008, the Torre Caja Madrid completed in 2008, the

LGV Perpignan–Figueres LGV may refer to: Transportation and vehicles * Large goods vehicle, Europe * Laser Guided Vehicle * Light goods vehicle, Hong Kong * '' Lignes à Grande Vitesse'', French high-speed rail lines: ** LGV Atlantique ** LGV Est ** LGV Interconnexio ...

High Speed railway completed in 2009, the

Portugués Dam The Portugués Dam (Spanish: ''Represa Portugués'') is a roller-compacted concrete thick arch dam on the Portugués River, three miles (5 km) northwest of the city Ponce, in Barrio Tibes, Ponce, Puerto Rico. Construction on the dam began ...

Ponce, Puerto Rico Ponce (, , , ) is both a city and a municipality on the southern coast of Puerto Rico. The city is the seat of the municipal government. Ponce, Puerto Rico's most populated city outside the San Juan metropolitan area, was founded on 12 August 1 ...

completed in 2014 and the

Crescent Dunes Solar Energy Project The Crescent Dunes Solar Energy Project is a solar thermal power project with an installed capacity of 110 megawatt (MW) and 1.1 gigawatt-hours of energy storage located near Tonopah, about northwest of Las Vegas. Crescent Dunes is the fir ...

completed in 2016.

References

External links

* {{DEFAULTSORT:Acs Group Public utilities of Spain Energy companies of Spain Telecommunications companies of Spain Construction and civil engineering companies of Spain Conglomerate companies of Spain Multinational companies headquartered in Spain Companies based in Madrid Companies based in the Community of Madrid Construction and civil engineering companies established in 1997 Energy companies established in 1997 Non-renewable resource companies established in 1997 Telecommunications companies established in 1997 IBEX 35 Companies listed on the Madrid Stock Exchange Spanish companies established in 1997