Grupo Agbar
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The Agbar Group is a benchmark in the complete
water cycle The water cycle, also known as the hydrologic cycle or the hydrological cycle, is a biogeochemical cycle that describes the continuous movement of water on, above and below the surface of the Earth. The mass of water on Earth remains fairly cons ...
and environmental management sector. It started out as Aigües de Barcelona and as of 2022 is part of the
Veolia Veolia Environnement S.A., branded as Veolia, is a French transnational company with activities in three main service and utility areas traditionally managed by public authorities – water management, waste management and energy services. It pr ...
Group With more than 150 years' experience, Agbar currently has over 15,000 employees and is committed to the digital transformation of water and environmental management. Its more than 900 industrial facilities and the 37 million people it supplies in Spain and Latin America make Agbar one of the industry's main references.


History

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 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. 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.), 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. 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.


See also

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Veolia Veolia Environnement S.A., branded as Veolia, is a French transnational company with activities in three main service and utility areas traditionally managed by public authorities – water management, waste management and energy services. It pr ...
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Torre Agbar ''Torre'' (plurals ''torri'' and ''torres'') means ''tower'' in seven Romance languages (Portuguese language, Portuguese, Spanish language, Spanish, Galician language, Galician, Catalan language, Catalan, Italian language, Italian, Occitan language, ...


References


External links


Official website
{{DEFAULTSORT:Agbar Public utilities of Spain Construction and civil engineering companies of Spain Construction and civil engineering companies established in 1867 1867 establishments in Spain