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Announced

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Globalvia completed the acquisition of a 24% stake in Iryo.

Synopsis

Globalvia, a construction services provider, completed the acquisition of a 24% stake in Iryo, a high-speed rail operator. Financial terms were not disclosed. "Being part of the largest Spanish private railway operator reinforces our commitment to new forms of mobility in the countries where we operate. It provides us with a much more panoramic vision of transport infrastructure management, and added value to advance and innovate in each of them. After the pandemic, high-speed rail will be an essential element for sustainable mobility, in which we hope to advance together with our partners with a long-term vocation," Javier Pérez-Fortea, Globalvia CEO.

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