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Inosa &
Acciona SA
Update Date: 10/13/08
Date Announced: 10/04/05
Value (million $USD): 258.7 million U.S. Dollar
217.0 million EURO
Status: Completed
TRANSACTION DETAILS
Date Announced10/04/05
Date Originally Announced10/04/05
FormatAcq. Maj. Int.Acquisition techniquesNot Applicable
AttitudeFriendlyAgencyn/a
Value258.7 million U.S. Dollar
217.0 million EURO
Advisor Feesn/a
SYNOPSIS
SPAIN - Acciona SA acquired a 50% interest in Inosa, a construction company, for 217 mil euros ($258.706 mil US) in cash.
TARGET
NameInosa
Industriesn/a
CityMadrid
Staten/a
NationSpain
Incorporated inn/a
Public StatusPrivate
Business DescriptionReal estate development firm
AdvisorsJP Morgan & Co Inc
Target Salesn/a
ACQUIROR
NameAcciona SA (Madrid : ANA)
IndustriesIndustrial buildings and warehouses; Nonresidential building construction, nec; Highway and street construction; Bridge, tunnel, and elevated highway construction; Water, sewer, pipeline & utility line construction; Plumbing, heating and air conditioning; Electrical work; Masonry, stone setting, and other stone work; Plastering, drywall, acoustical & insulation work; Carpentry work; Floor laying and other floor work, nec; Roofing, siding, and sheet metal work; Concrete work; Special trade contractors, nec; Heavy construction, nec; Single-family housing construction; Real estate agents and managers; Administration of general economic programs; Arrangement of transportation of freight and cargo; Trucking, except local; Automobile parking; Refuse systems; Landscape counseling and planning; Funeral service and crematories; Security brokers, dealers, and flotation companies; Investment advice
CityAlcobendas (Madrid)
Staten/a
NationSpain
Incorporated inn/a
Public StatusPublic
Business DescriptionAcciona SA, located in Alcobendas, Spain, provides construction, development and maintenance services for infrastructure such as highways, tunnels, bridges, and sewerage systems. It also provides development and leasing services for residential and commercial buildings such as student residences, apartments, offices and hotels. It also provides passenger and freight transport services by land, sea and air, via long-distance trucking, logistics and distribution. The company also offers services such as water supply and treatment, solid waste management, street cleaning, construction and maintenance of car parks and hospitals, burial services, facilities management, operation and maintenance of renewable energy facilities which are focused primarily on wind power. It is also involved in the provision of fund management and securities brokerage. The company was founded on June 17, 1916.
AdvisorsLazard
Acquiror Sales5.56 billion U.S. Dollar
4.63 billion EURO
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