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Grupo Agbar

Grupo Agbar, formerly Aigües de Barcelona, is a Spanish water utility company. Since 2022, it has been part of Veolia.[1]

Sociedad General de Aguas de Barcelona, SA
Company typeSociedad Anónima
BMAD: AGS
IndustryUtilities
FoundedLiège, Belgium (1867 (1867))
Headquarters,
Key people
Àngel Simon, Chairman and CEO
ServicesWater treatment and Water supply
Revenue€167.3 million (2006)
OwnerSuez Environnement and CaixaBank
Number of employees
25,000 (2006)
SubsidiariesAguas Andinas
Websitewww.agbar.es/en

The company currently operates water treatment and water supply services in Spain and Latin America, operating in Chile through its subsidiary Aguas Andinas.

History edit

The history of the group dates back to 1867, when the "Compagnie des Eaux de Barcelone" was founded in Liège to supply water to towns near Barcelona, today neighbourhoods in the city, through the Dosrius aqueduct. The company was acquired by French and later Catalan investors. The latter changed the company's name to "Sociedad General de Aguas de Barcelona" in 1919.[2][3]

The Agbar Group was established in 1975, covering economic sectors as diverse as drinking water supply, sanitation and construction. Subsequently, its activities were expanded to the fields of healthcare, technical vehicle inspection and tax collection.[4]

In 2008, Agbar ceased to be listed on the Spanish stock market and on the IBEX 35, following the joint takeover bid by the French group Suez (holding 56%) and Criteria Caixa, the CaixaBank investment group and former majority shareholder (with the remaining 44%). In 2010, Agbar became a subsidiary of Hisusa (Holding de Infraestructuras y Servicios Urbanos, S.A.),[5] with Suez Environnement holding 75.74% of this holding company and Criteria Caixa  24.26%. During the transaction, Agbar divested itself of its shares in Adeslas. In 2014, Suez Environnement (renamed Suez in 2015) acquired 100% of Agbar, after signing an agreement with Criteria Caixa for the sale of its 24.26%, in exchange for a 4.1% stake in the French group's capital. Agbar became one of the subsidiaries of Suez Spain for complete water cycle management.[6]

At the start of 2022, the Veolia Group, active in water and waste management and energy services, launched a takeover bid for Suez, taking control of 86.22% of its shareholding, a percentage that would be increased to 95.95% after the closing of its complementary offer to acquire the shares that had not participated in its initial takeover bid.[7]

See also edit

 
Torre Agbar in Barcelona, the group's headquarters from 2005 to 2017.

References edit

  1. ^ "Veolia adquiere por 3.400 millones el 29,9% de Suez". La Vanguardia (in Spanish). 2020-10-05. Retrieved 2022-08-08.
  2. ^ "Simón aplaude la entrada de Veolia en Agbar: "Nos hace más fuertes"" (in Spanish). Retrieved 2022-08-09.
  3. ^ Vozpópuli (2014-03-01). "Fallece Ricard Fornesa, expresidente de Agbar y gran impulsor de La Caixa". Vozpópuli (in European Spanish). Retrieved 2019-08-08.
  4. ^ "Agbar recorre sus 150 años de historia". www.metropoliabierta.com (in Spanish). Retrieved 2022-08-09.
  5. ^ "Simón aplaude la entrada de Veolia en Agbar: "Nos hace más fuertes"" (in Spanish). Retrieved 2022-08-31.
  6. ^ "El Gobierno autoriza con condiciones la inversión de Veolia Environnement en Suez Spain". Europa Press. 2021-12-28. Retrieved 2022-08-31.
  7. ^ "La participación de Criteria en Suez vale 466 millones de euros, mientras que el valor de Agbar se calcula en 2.664 millones. Es decir, Criteria precisaría de fondos que aportaran los 2.200 millones restantes". Hispanidad (in Spanish). Retrieved 2019-08-08.

External links edit

  • Official website

grupo, agbar, formerly, aigües, barcelona, spanish, water, utility, company, since, 2022, been, part, veolia, sociedad, general, aguas, barcelona, sacompany, typesociedad, anónimatraded, asbmad, agsindustryutilitiesfoundedliège, belgium, 1867, 1867, headquarte. Grupo Agbar formerly Aigues de Barcelona is a Spanish water utility company Since 2022 it has been part of Veolia 1 Sociedad General de Aguas de Barcelona SACompany typeSociedad AnonimaTraded asBMAD AGSIndustryUtilitiesFoundedLiege Belgium 1867 1867 HeadquartersBarcelona SpainKey peopleAngel Simon Chairman and CEOServicesWater treatment and Water supplyRevenue 167 3 million 2006 OwnerSuez Environnement and CaixaBankNumber of employees25 000 2006 SubsidiariesAguas AndinasWebsitewww wbr agbar wbr es wbr enThe company currently operates water treatment and water supply services in Spain and Latin America operating in Chile through its subsidiary Aguas Andinas Contents 1 History 2 See also 3 References 4 External linksHistory editThe history of the group dates back to 1867 when the Compagnie des Eaux de Barcelone was founded in Liege to supply water to towns near Barcelona today neighbourhoods in the city through the Dosrius aqueduct The company was acquired by French and later Catalan investors The latter changed the company s name to Sociedad General de Aguas de Barcelona in 1919 2 3 The Agbar Group was established in 1975 covering economic sectors as diverse as drinking water supply sanitation and construction Subsequently its activities were expanded to the fields of healthcare technical vehicle inspection and tax collection 4 In 2008 Agbar ceased to be listed on the Spanish stock market and on the IBEX 35 following the joint takeover bid by the French group Suez holding 56 and Criteria Caixa the CaixaBank investment group and former majority shareholder with the remaining 44 In 2010 Agbar became a subsidiary of Hisusa Holding de Infraestructuras y Servicios Urbanos S A 5 with Suez Environnement holding 75 74 of this holding company and Criteria Caixa 24 26 During the transaction Agbar divested itself of its shares in Adeslas In 2014 Suez Environnement renamed Suez in 2015 acquired 100 of Agbar after signing an agreement with Criteria Caixa for the sale of its 24 26 in exchange for a 4 1 stake in the French group s capital Agbar became one of the subsidiaries of Suez Spain for complete water cycle management 6 At the start of 2022 the Veolia Group active in water and waste management and energy services launched a takeover bid for Suez taking control of 86 22 of its shareholding a percentage that would be increased to 95 95 after the closing of its complementary offer to acquire the shares that had not participated in its initial takeover bid 7 See also edit nbsp Torre Agbar in Barcelona the group s headquarters from 2005 to 2017 Veolia Torre AgbarReferences edit Veolia adquiere por 3 400 millones el 29 9 de Suez La Vanguardia in Spanish 2020 10 05 Retrieved 2022 08 08 Simon aplaude la entrada de Veolia en Agbar Nos hace mas fuertes in Spanish Retrieved 2022 08 09 Vozpopuli 2014 03 01 Fallece Ricard Fornesa expresidente de Agbar y gran impulsor de La Caixa Vozpopuli in European Spanish Retrieved 2019 08 08 Agbar recorre sus 150 anos de historia www metropoliabierta com in Spanish Retrieved 2022 08 09 Simon aplaude la entrada de Veolia en Agbar Nos hace mas fuertes in Spanish Retrieved 2022 08 31 El Gobierno autoriza con condiciones la inversion de Veolia Environnement en Suez Spain Europa Press 2021 12 28 Retrieved 2022 08 31 La participacion de Criteria en Suez vale 466 millones de euros mientras que el valor de Agbar se calcula en 2 664 millones Es decir Criteria precisaria de fondos que aportaran los 2 200 millones restantes Hispanidad in Spanish Retrieved 2019 08 08 External links editOfficial website Retrieved from https en wikipedia org w index php title Grupo Agbar amp oldid 1178795741, wikipedia, wiki, book, books, library,

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