Ferrovial continues with the process of the sale of Ferrovial Services. The Environment business in Spain and Portugal was sold to PreZero (Schwarz Group) and the Infrastructure Services business in Spain to Portobello Capital.
Its operations cover everything from transportation infrastructure and natural resource management to utilities and facility management. During the last fiscal year, Ferrovial Servicios generated 6,995 million euros in sales and managed a portfolio valued at more than 17,656 million euros. Ferrovial Services was one of the largest and most diversified multinational service companies for infrastructure and cities.
With the brand Ferrovial Services, we became a world-renowned operator with a solid presence in the United Kingdom, Spain, the United States and Chile. Our most prominent and recent operations included: the maintenance of facilities and military bases of the Ministry of Defense of the United Kingdom; road maintenance in Ottawa and York, Canada; and starting up bike sharing services in Barcelona, Spain.
On December 31, 2018, we decided to classify our entire services division as “held for sale.” The decision was taken after reviewing our strategy and deciding to focus on developing transport infrastructure.
The significant event related with the divestment process was communicated to the National Securities Market Commission (CNMV) of Spain. As noted in the significant events, we recognized a charge of 774 million euros to Amey, our UK subsidiary.
Check this link to the new Ferrovial Servicios website to stay up-to-date on our current and future activity.
Visit the website of PreZero here.
Links of Interest
Ferrovial sells its Environmental Services business in Spain and Portugal to PreZero (Schwarz Group)
Ferrovial sells its Infrastructure Services business in Spain to Portobello Capital
Ferrovial classifies its Services division as “held for sale”
Inside Information July 2021
Ferrovial completes sale of its Environmental Services business in Spain and Portugal to PreZero
Stock Exchange Filing February 2019
Stock Exchange Filing October 2018
Learn More About Affiliates in This Division
Go to Company Websites
A leader in services and waste management in Portugal.
Go to Ferrovial Serviços
Specialized and comprehensive solutions in critical mining and industrial services.
Go to Ferrovial Servicios Chile
Leading company in the United Kingdom specialized in services for infrastructures.
Go to Amey
Facility management services in the private and public sector in Qatar.
Go to FMM
Ferrovial’s Key Figures from 2021
€607MOperating Cash Flow