Connecting Waterpeople

You are here

Ferrovial will move its headquarters to the Netherlands and apply for a US listing

  • Ferrovial will move its headquarters to the Netherlands and apply for US listing
    Ferrovial headquarters in Madrid (Wikipedia. By Luis García, CC BY-SA 3.0).

About the entity



The Spanish group Ferrovial announced on Tuesday the decision to submit for shareholder approval the merger between the parent company and Ferrovial International (FISE), a Dutch European limited company which already owns 86% of the company's assets. This move will involve transferring the registered office from Spain to the Netherlands.

Ferrovial justifies this move on the grounds that it is an international company with most of its business outside Spain. Specifically, in 2022, 82% of its revenues were generated outside Spain and more than 90% of its stock market value is international. They also believe that Ferrovial's growth opportunities are expected in international markets and, in particular, in the United States.

As part of the proposed transaction, says the continuation of the insider disclosure, FISE will apply for admission to trading of the FISE shares on Euronext Amsterdam and on the Spanish Stock Exchanges for trading through the SIBE, to have a dual listing in the Netherlands and in Spain. This transaction is also expected to facilitate the "future application for listing in the US". In this regard, according to the information released by the group headed by Rafael del Pino, the next natural step for Ferrovial is to apply for admission to trading in the United States, in line with its current business and future opportunities.

Finally, regarding this corporate reorganisation operation, Ferrovial assures that "it is not expected to have any impact on activity, employment or investment plans in Spain or in other countries in which it operates".

The Water business

Ferrovial has more than 45 years of experience in the design, construction and operation of water treatment and desalination plants.

Within its Water business, Ferrovial operates through two companies, the multinational Cadagua and the US company PLW Waterworks. Together, they have more than 460 references in the design and construction of water treatment plants with an aggregate capacity of almost 18,000,000 m³/d.

Subscribe to our newsletter

The data provided will be treated by iAgua Conocimiento, SL for the purpose of sending emails with updated information and occasionally on products and / or services of interest. For this we need you to check the following box to grant your consent. Remember that at any time you can exercise your rights of access, rectification and elimination of this data. You can consult all the additional and detailed information about Data Protection.

Featured news

08/09/2023 · Events · 157

Water Innovation Europe 2023 - EU Water Policy: What's Next?