ACS was formed in 1997, following the merger of OCP with Auxini and Gines Navarro. IN 2002-03 with the integration of Dragados group, ACS became indisputable leader in Spanish market. The ACS Group has established its basis for future strategy by focusing on relevant sectors of Spanish and European economy through the strategic investments in Abertis, Ubis and Union Fenosa.
The strategy of ACS Group is to achieve a leading role in the development of infrastructures and services in the markets where they are functional. The mission of ACS is fulfilling these clearly defined objectives:
- Meeting Clients Needs
- Optimizing the profitability of the resources managed
- Improving the society
Activities or areas of operation
There are about 386 companies which come under the following activities:- Corporation
- Industrial Services
- Infrastructures—Construction
- Infrastructures—Concessions
- Services
- Strategic Investments
Key Statistics
- Total assets held in 2005 by ACS Group are worth 17,712.5 Million Euros.
- The Annual Turnover for 2005 is 12,113.9 Million Euros. The operating profit for 2005 is 817.4 Million Euros.
- ACS Group has about 113,273 employees all over the world.
- ACS Group is operational in about 45 countries around the world.
ACS organization structure
The organization of ACS Group responds to the new competitive environment in which management capability and future vision are vital to consolidate leadership in Europe in the development and management of infrastructures and services. The ACS organization has distinct areas of activity. The group also has comprehensive Management Bodies and Board of Directors, Board Committees, Management Committees, Management Team Mr. Florentino Perez Rodriguez is the Chairman and CEO of ACS Group.International Ranking
There are about 386 subsidiary companies under the ACS Group in several industries of corporation, construction and services.
Merger and Acquisition
The ACS Group has witnessed many mergers, acquisitions and diversifications over the years. The recent ones among them are listed below:- First large company merger in 1993, with creation of OCP.
- Second large merger in 1997, with creation of ACS as a result of merger of OCP with Auxini and Gines Navarro.
- Integration of Dragados Group (Groupo Dragados) in 2002-03.
- Strategic investments in Urbis in 2003.
- Strategic Investments in Union Fenosa in 2005.
Headquarter Address
Avda Pio XII 102,28036 Madrid (Madrid)
Spain
Telephone: 34-91-343-9200