The company Shareholders’ Meeting and the new Board of Directors approved the changes today
Abertis started today a new stage in its history, after completing the process of transforming its shareholding structure derived from the takeover bid process that began in the first half of 2017.
The General Shareholders' Meeting approved today the appointment of the five new directors of the company’s Board: José Aljaro, Carlo Bertazzo, Giovanni Castellucci, Marcelino Fernández Verdes and Pedro López Jiménez. The Shareholders’ Meeting also approved the modification and redrafting of different articles of the Company By-laws, as well as the withdraw of the Regulations for the General Shareholders’ Meeting, as a result of the exclusion of stock trading of the company's shares.
Subsequently, the Board of Directors approved the appointment of Marcelino Fernández Verdes as Chairman of Abertis, as well as José Aljaro as CEO and Miquel Roca Junyent as non-board member Secretary.
The Board has given green light to the merger by absorption project of Abertis Participaciones S.A. by Abertis Infraestructuras S.A., which is expected to be closed in the first quarter of 2019.
New stage in Abertis’ history
Following the changes approved today by both the Shareholders' General Meeting and the new Board of Directors, the company starts a new stage with the impulse of its three new shareholders (Atlantia, ACS and Hochtief) to continue growing and developing a global leadership project in the infrastructure field.
Abertis’ Chairman, Marcelino Fernández Verdes, expressed his satisfaction for the beginning of this new stage: “This is an exciting project of future that is based on solid foundations and will generate value for all stakeholders". Marcelino Fernández also said: "Abertis will continue to strengthen the search for collaboration agreements with Governments, and will remain aware to new bids and potential acquisitions in target markets”.
Atlantia’s CEO, and new Director of Abertis since today, Giovanni Castellucci, said: “We are excited by the opportunity to work with ACS in Abertis to support management in creating a global platform, entering into countries where Atlantia is not yet present, which will strengthen all of us in the role of global leaders in the development of transport infrastructures”.
Abertis’ new CEO, José Aljaro, said: "This is a very exciting moment for the team. A new stage opens up in Abertis, with a consolidated shareholding structure and a new Board of Directors. From now on, the management team will work together with our shareholders to define a new strategic plan to continue creating value, taking advantage of the international presence and market knowledge that both Atlantia and the ACS Group offer us to grow”.
José Aljaro also pointed out some of the pillars that will shape this new stage of the company, "oriented to growth, but without missing the commitment to financial discipline that is characteristic of the Group”. “The company will reinforce its growth strategy in countries with a steady concessional framework and a clear willingness to develop on public-private partnership in the toll road sector", he said.
PHOTO: From left to right: Pedro López Jiménez (Director), Carlo Bertazzo (Director), Marcelino Fernández Verdes (Chairman), José Aljaro (CEO), Giovanni Castellucci (Director), Miquel Roca Junyent (non-board member Secretary).
12 November 2025
•The operator wins the tender to continue operating Autopista Fluminense with a new contract that includes an investment plan (aprox. 500 million euros over seven years) to improve mobility and a tariff adjustment as a result of the new investments, along with a 21-year extension.
•José Aljaro, CEO of Abertis, highlighted that “this operation represents a key opportunity for Abertis by extending a strategic asset and strengthening our position as a leader in Brazil, where we manage more than 3,000 kilometers of highways, a significant part of Abertis’ total network of 8,000.”
•Arteris, Abertis’ subsidiary in Brazil, has been the largest investor in the federal highway concession program in the last decade.
21 October 2025
•The issue has been successfully placed with a book of more than 5 times oversubscribed among circa 100 institutional investors.
•The transaction was closed with a yield of 4.375%, which represents a lower cost than the last issuance in May.
•This issue reaffirms the market's confidence in the company's financial strength, maintaining its commitment to its rating and demonstrating active management of its balance sheet.
