Abertis

Abertis Infraestructuras, S.A. is a Spanish worldwide corporation engaged in toll road management. The company is headquartered in Madrid. The company runs over 8,600 kilometres of toll roads in the world. In October 2018, it was acquired by Italian corporation Atlantia and Spanish firm ACS Group and the German company Hochtief. History In April 2003, Acesa Infraestructures, a business founded in 1967 as Autopistas, Concesionaria Española S.A., merged with Aurea Concesiones de Infraestructuras, 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, the Abertis Group acquired Retevision, a leading Spanish radio and television distribution business; in June 2004, it acquired Iberpistas, another Spanish toll road operator. In December 2005, it 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 then planned to sell some of its stake in the company.