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FCC Group
The FCC Group, formerly Fomento de Construcciones y Contratas, S. A. (currently one of the group's entities), is a Spanish business group, based in Barcelona. It has specialised in public services. Its shares were first listed on the stock exchange in December 1900. The group is listed on the Spanish Continuous Market and was once part of the IBEX 35.
In 2021, the group was among the top 10 companies that emitted the most tonnes of CO2 equivalent in Spain with 3.5 mtCO2e.
The business was founded as a construction company in Barcelona in 1900, under the name of Fomento de Obras y Construcciones S.A. and became known as FOCSA. It began operations in public services in 1911 with a contract to clean and maintain Barcelona's sewerage network. In 1992 FOCSA merged with Construcciones y Contratas, a company founded in Madrid in 1944 to form Fomento de Construcciones y Contratas, S.A.
Proactiva was a 50–50 joint venture formed in 1999 between Veolia Environnement and FCC, until Veolia bought the other 50 percent share from FCC in 2013.
In September 2006 FCC acquired the British Waste Recycling Group, excluding its landfill gas operations, from Terra Firma Capital Partners for £1.4 billion.
In July 2013, Alpine Bau Holding GmbH, a subsidiary of FCC which had accumulated debt of €2.56 billion and placed €190 million of corporate bonds on the Wiener Börse OTC, went into administration.
In August 2013, FCC sold its subsidiary Alpine Energie, a company of 3,000 employees in the German-speaking Alps that builds and maintains power plants, telecommunications, and traffic infrastructure, to Triton Partners, a private equity company, for just under €100 million ($133 million).
In October 2013, Bill Gates joined the company as a shareholder with a 5.7% stake, reflecting FCC's strong position in sectors linked to his vision of sustainability (Environmental Services and Water). Shortly thereafter, in December of the same year, the financier George Soros became a shareholder of the company with a 3% stake.
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FCC Group
The FCC Group, formerly Fomento de Construcciones y Contratas, S. A. (currently one of the group's entities), is a Spanish business group, based in Barcelona. It has specialised in public services. Its shares were first listed on the stock exchange in December 1900. The group is listed on the Spanish Continuous Market and was once part of the IBEX 35.
In 2021, the group was among the top 10 companies that emitted the most tonnes of CO2 equivalent in Spain with 3.5 mtCO2e.
The business was founded as a construction company in Barcelona in 1900, under the name of Fomento de Obras y Construcciones S.A. and became known as FOCSA. It began operations in public services in 1911 with a contract to clean and maintain Barcelona's sewerage network. In 1992 FOCSA merged with Construcciones y Contratas, a company founded in Madrid in 1944 to form Fomento de Construcciones y Contratas, S.A.
Proactiva was a 50–50 joint venture formed in 1999 between Veolia Environnement and FCC, until Veolia bought the other 50 percent share from FCC in 2013.
In September 2006 FCC acquired the British Waste Recycling Group, excluding its landfill gas operations, from Terra Firma Capital Partners for £1.4 billion.
In July 2013, Alpine Bau Holding GmbH, a subsidiary of FCC which had accumulated debt of €2.56 billion and placed €190 million of corporate bonds on the Wiener Börse OTC, went into administration.
In August 2013, FCC sold its subsidiary Alpine Energie, a company of 3,000 employees in the German-speaking Alps that builds and maintains power plants, telecommunications, and traffic infrastructure, to Triton Partners, a private equity company, for just under €100 million ($133 million).
In October 2013, Bill Gates joined the company as a shareholder with a 5.7% stake, reflecting FCC's strong position in sectors linked to his vision of sustainability (Environmental Services and Water). Shortly thereafter, in December of the same year, the financier George Soros became a shareholder of the company with a 3% stake.
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