Grupo Agbar
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| Sociedad Anónima | |
| Traded as | BMAD: AGS |
| Industry | Utilities |
| Founded | Liege, Belgium (1867) |
| Headquarters | Barcelona, Spain |
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Key people
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Àngel Simon i Grimaldos, Chairman and CEO |
| Services | Water treatment and Water supply |
| Revenue | €167.3 million (2006) |
| Owner | Suez Environnement and CaixaBank |
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Number of employees
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25,000 (2006) |
| Website | www |
Sociedad General de Aguas de Barcelona, SA. (Agbar) is a Spanish company dedicated to services, distribution or treatment of water. The company was founded in 1867 in Liège as Compagnie des Eaux de Barcelone by an investor from France and Catalonia (Spain). The group is present in almost all the continents as North America, South America, Asia and Europe. The headquarters are in Madrid and the chairman is Àngel Simon i Grimaldos.
Agbar is constituted by more than 230 companies and with more than 140 years of history. Agbar is specialized in the services of health, certification, construction and communications networks.
A joint acquisition bid by Suez (now Suez Environnement) and Criteria CaixaCorp, concluded in January 2008, resulted in the two companies controlling around 90% of Agbar's shares. Suez and Criteria have stated that they do not intend to delist Agbar from the Madrid Stock Exchange, instead gradually increasing the free float percentage of the company's shares from ten to thirty percent with two years.[1]
References
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