Globalvia
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Industry | Transportation |
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Founded | 2007 |
Headquarters | , |
Area served | Spain United States Ireland Portugal Mexico Costa Rica Chile United Kingdom Sweden Norway Singapore |
Key people | Javier Pérez Fortea (CEO) Juan Béjar Ochoa (Non-Executive Chairman) |
Number of employees | 30,000 |
Parent | OPTrust (40.3%) PGGM (40.3%) USS (18.9%) |
Subsidiaries | Openvia (100%), Go Ahead Group (49%) |
Website | https://www.globalvia.com/en/ |
Globalvia (stylised as globalvia) is a Spanish multinational transport infrastructure company that operates in 11 countries across three continents.[1] In June 2022, Globalvia in partnership with Kinetic Group launched a takeover bid for the British bus and rail operator Go-Ahead Group. The sale was approved by Go-Ahead's shareholders in August 2022.[2] Globalvia has a 49% shareholding.[3]
Globalvia is owned by OPTrust, PGGM and USS who bought Globalvia in a takeover bid worth Euro 420 million in 2015.
History
[edit]In 2007 Fomento de Construcciones y Contratas (FCC) and Caja Madrid founded Globalvia to unite their shared infrastructure assets under one brand with FCC and Caja Madrid each controlling a 50% stake in the new company.[4]
Globalvia won the private international tender to acquire two highways in Chile in 2008, and in the same year was also awarded a contract in Portugal to build and operate the Transmontana IP4 highway, thus beginning the company's expansion outside of Spain.[5]
The company continued to expand its road infrastructure investments over the years and in 2013 expanded into the rail industry with the purchase of Metro de Sevilla, a light rail system in Seville, Spain.[6] Later that year, Globalvia expanded into Ireland by being awarded a 5-year, €35 million contract in partnership with Sacyr to manage and operate the 161km of toll-free motorway segments in Dublin.[7]
In 2015, OPTrusts, Stichting Pensioenfonds Zorg en Welzijn (PGGM) and Universities Superannuation Scheme (USS) purchased Globalvia[8] for a total of €420 million.[9]
The company entered the United States in December 2016[10] by successfully securing the purchase of Pocahontas Parkway located in Richmond, Virginia.[11]
In 2020, the company founded Openvia to focus on technology and innovation platforms such as Tap&Go, Slora by Globalvia and Meep Sevilla.[12]
In 2022, in partnership with Australian based multinational bus operator Kinetic Group, Globalvia purchased a 49% stake in the Go-Ahead Group,[13] a United Kingdom-based operator of buses and railway services in the UK, Singapore, Germany, Ireland and Norway.[14]
Operations
[edit]Globalvia operates a number of road infrastructure projects listed below, all of its public transport assets outside of Spain are part of Go-Ahead Group.:[15]
Chile
[edit]- Autopista Costa Arauco
- Autopista del Aconcagua
- Autopista del Itata
- Autopista Vespucio Norte
- Túnel de San Cristóbal
Ireland
[edit]- Globalvia Jons
- M50 Concession
- N6
United States
[edit]Spain
[edit]- Autopista Central Gallega
- Iryo, a high-speed rail operator
- Concesiones de Madrid
- M-407
- Metro Barajas (Metro de Madrid Line 8)
- Metro de Sevilla
- Metros Ligeros de Madrid
- Ruta de los Pantanos
- Tramvia Metropolità (Barcelona light rail)
- Metro de Madrid Line 9
- Metro Ligero (Light Rail)
- Tranvía de Parla
- AG-55 Autoestradas de Galicia
- AG-57 Autoestradas de Galicia
- AP-15 Audenasa
- AP-66 Aucalsa
- AP-9 Audasa
Portugal
[edit]- Beira Interior
- Transmontana
Costa Rica
[edit]- Ruta 27
United Kingdom
[edit]Through its 49% shareholding in the Go-Ahead Group (UK-based), Globalvia operates public transport networks in the UK, Singapore and Ireland, and railway services in the United Kingdom, Norway and Germany.
References
[edit]- ^ "International presence | Globalvia". Globalvía. Retrieved 14 November 2022.
- ^ Result of Meeting Go-Ahead Group, 16 August 2022
- ^ We submit together with Kinetic an offer for the acquisition of Go-Ahead Globalvia, 14 June 2022
- ^ "FCC and Caja Madrid establish Global Vía Infraestructuras - FCC". www.fcc.es. Retrieved 14 November 2022.
- ^ "Our origins and evolution | Globalvia".
- ^ MarketScreener. "Globalvia Infraestructuras, S.A. agreed to acquire 66.79% stake in Metro de Sevilla from Iridium Concesiones de Infraestructuras, S.A. and Sacyr Concesiones S.A. for approximately €120 million. | MarketScreener". www.marketscreener.com. Retrieved 14 November 2022.
- ^ Corner, The. "Globalvia and Sacyr Win €35m Dublin Motorway Contract | The Corner". Retrieved 14 November 2022.
- ^ "USS, PGGM and OPTrust to Financially Augment Globalvia - SWFI". www.swfinstitute.org. Retrieved 14 November 2022.
- ^ "Our origins and evolution | Globalvia". Globalvía. Retrieved 14 November 2022.
- ^ "Our origins and evolution | Globalvia". Globalvía. Retrieved 14 November 2022.
- ^ "Pocahontas Parkway – Pocahontas Parkway is managed by Globalvia". www.pocahontas895.com. Retrieved 14 November 2022.
- ^ "Openvia, our innovative mobility platform | Globalvia". Globalvía. Retrieved 14 November 2022.
- ^ Team, routeone (12 October 2022). "Go-Ahead sale to Kinetic and Globalvia completes". routeone. Retrieved 14 November 2022.
- ^ "Overview". The Go-Ahead Group. Retrieved 14 November 2022.
- ^ "International presence | Globalvia". Globalvía. Retrieved 14 November 2022.