Deliver Your News to the World

Ferrovial sells its stake in Serveo to Portobello Capital


WEBWIRE
  • The transaction completes Ferrovial’s divestment of the services business in Spain


Ferrovial, one of the world’s leading infrastructure companies, has completed the sale of its 24.78% stake in Serveo to the majority shareholder, Portobello Capital.   

This transaction culminates Ferrovial divestment of the services business in Spain as part of its strategy to focus on its core business — the development and operation of sustainable infrastructure. 

In October 2022, Ferrovial agreed to sell to Portobello a majority stake in Serveo, a company that provides infrastructure services in Spain, including maintenance and upkeep of transport infrastructure, healthcare and social services, facility management, and industrial services. As a result of today’s transaction, Ferrovial is no longer a shareholder of Serveo and ceases to be represented on its Board of Directors. 


( Press Release Image: https://photos.webwire.com/prmedia/7/323818/323818-1.jpg )


WebWireID323818





This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.