Grupo ACS has closed, through its subsidiary Dragados, an agreement with Henko Capital Partners, the reference shareholder of Grupo Voltan, to take over 100% of this company. The transaction seeks to strengthen the industrial and energy area of the construction group, as it has been reported this Tuesday.
The company chaired by Florentino Pérez frames this purchase within its roadmap to expand its presence in higher value-added activities and provide more comprehensive solutions throughout the entire project life cycle, from engineering and construction to commissioning, operation, and maintenance.
ACS explains that the integration of Grupo Voltan will make it possible to consolidate its position in energy and electrical infrastructures, while also opening new avenues for collaboration and expansion in these segments.
In the energy sector, the transaction will add capabilities in turbine assembly, commissioning, and the operation of facilities, and will enhance the group’s participation in generation projects with combined cycles and other energy infrastructures. At the same time, it will facilitate the expansion of its capabilities in mechanical, electrical, and instrumentation facilities linked to digital infrastructures.
The company emphasizes that the transaction is pending receipt of the necessary approvals in terms of competition, as well as the rest of the usual regulatory permits for this type of transaction.
"We are incorporating a highly specialized platform and a team with extensive experience that will complement our global capabilities and will allow us to offer solutions that are increasingly integrated to our clients," highlights the CEO of Grupo ACS and Hochtief, Juan Santamaría.
Established in 2021, Grupo Voltan brings together various companies focused on technical services and engineering linked to the energy sector, with a special presence in the Energy and Transmission and Distribution areas.
Grupo Voltan expects to reach around 150 million euros in revenue this year, has more than 1,200 professionals, and carries out international activity in markets such as the United Kingdom, Germany, Peru, the Netherlands, Portugal, and Belgium, ACS reports.