ACS
Actividades de Construcción y Servicios

At the end of the eighties, a diversification process was initiated through the acquisition of SEMI, a company specialised in the maintenance and installation of electric lines. This process was continued in 1989 with the acquisition of a majority shareholding in Cobra, one of the most reknown companies in the sector of support services to electric and telecommunications companies, and a market leader with over 70 years of experience.

The first of the large company mergers took place in 1993 with the creation of OCP, which would be the seed of the Group structured as it is today. OCP became one of the leading groups of the construction companies in Spain. The second large merger took place in 1997, with the creation of ACS as a result of OCP's merger with Auxini and Gines Navarro.

At the end of the nineties, the Group incorporated most of the companies forming its current services area; Continental Auto, which engaged in passenger transport, Onyx, a provider of environmental services, Imes, a company dedicated to public lighting services, integral maintenance and control services, and Vertresa, the largest waste treatment plant in Madrid.

The turn of the century started with the integration of the Dragados Group, which positioned the ACS Group as the indisputable leader in the Spanish market and of one the most important companies in its industry in Europe.

Parallel to this entire integration process, the ACS Group has established the basis of its future strategy, by focusing its activity on relevant sectors of the Spanish and European economy through the strategic investments in Abertis, Urbis, and Unión Fenosa.