Announced
Completed
Financials
Tags
transportation infrastructure
Domestic
Completed
Private
Spain
Acquisition
Private Equity
Single Bidder
Transportation Services
Majority
Friendly
Synopsis
Portobello Capital, a private equity firm, completed the acquisition of a 75% stake in infrastructure services business from Ferrovial, a company involved in the design, construction, financing, operation and maintenance of transport infrastructure, for $274m. “This operation represents a new step forward in our Horizon 24 strategic plan, focused on the development of sustainable infrastructures to continue creating value for our shareholders, the company's stakeholders and the communities in which we operate. We are convinced that sharing this project with Portobello will bring enormous benefits to clients and professionals of Infrastructure Services," Ignacio Madridejos, Ferrovial CEO.
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