•Following the acquisition of a 51.2% stake in 2025, the Group -whose shareholders are ACS and Mundys- now reaches 100% ownership after reaching an agreement with minority shareholders in this strategic corridor in south-west France.
March 25, 2026. – Abertis has reached an agreement with HICL Infrastructure, CVC DIF and NGE Autoroutes for the acquisition of the remaining 48.8% stake in the French motorway A63, a core transport corridor between Spain and northern Europe, with 25 years of remaining concession life through to 2051.
This transaction further strengthens Abertis’ position in one of its key markets and advances its growth and cash flow replacement strategy, underpinned by a high-quality asset portfolio. The acquisition reinforces a well-diversified portfolio, with more than 60% of EBITDA generated in Europe and North America, and a balanced combination of growth opportunities through mergers and acquisitions and selective concession extensions.
Strategic corridor between Spain and Northern Europe
The A63 is a 104-kilometre toll motorway in operation since 2013, with dual three-lane connecting Salles and Saint-Geours-de-Marenne in south-west France. This asset is a key route between Europe and the Iberian Peninsula for goods transport between Spain and northern Europe, and serves as a link between Bordeaux, with one million-plus inhabitants and home to major scientific and engineering facilities, and the cities of Bayonne, Biarritz, Anglet and Saint-Jean-de-Luz.
In 2025, the A63 generated revenues of €179 million and EBITDA of €138 million, underpinned by resilient traffic performance and a positive traffic trend.
Abertis France, which is wholly owned by Abertis, is a leading player in the French motorway sector, managing close to 2,000 kilometres of toll roads through the Sanef Group and the A63, which is now fully consolidated within the Group’s perimeter.
José Aljaro, CEO of Abertis, highlighted that “the operation reinforces our concession profile and our growth strategy, consolidating the Group's presence in France with a long-term asset that strengthens our position as a leading operator in Europe.”
24 February 2026
•Revenue growth of 4.5%, boosted by strong traffic performance and tariff increases, while EBITDA rose by 6.2% to €4,374 million, both at comparable perimeter and exchange rates.
•In 2025, Abertis strengthened its international leadership through strategic acquisitions, including the French A63 motorway, full ownership of the Vallvidrera and Cadí tunnels in Catalonia, a 22-year extension of the Fluminense corridor concession in Brazil, and the integration in Chile of the Ruta 5 Santiago-Los Vilos motorway, awarded the previous year.
•During the year, Abertis invested close to €2 billion, including the acquisition transactions mentioned above, as well as €739 million allocated to maintenance and expansion investments. In September, Abertis’ shareholders – Grupo ACS and Mundys – injected €400 million in equity to support the company’s growth strategy and further strengthen its balance sheet.
•The Board of Directors of Abertis has today convened the General Shareholders’ Meeting, to be held on 27 March, which includes a proposal for distribution to shareholders of €602 million.
11 December 2025
•The Group, who already controlled 50.01% through its subsidiary Autopistas, completes the acquisition of the company that operates those tunnels.