OHL

Spanish economy 8th July 2022

CNMC Fines Major Spanish Construction Companies 203 Million Euros For Sharing Contracts Until 2017

The National Markets and Competition Commission (CNMC) has fined six of Spain’s leading construction companies 203.6 million euros for having altered thousands of public tenders for building and civil works infrastructure contracts over 25 years. The companies penalised are Acciona, Dragados, FCC, Ferrovial, OHLA and Sacyr. According to the CNMC, between 1992 and April 2017, the construction companies met weekly to analyse tenders for works carried out by the various…

Villar Mir receives 5 preliminary offers to buy OHL

Ibex 27th August 2019

OHL wins two contracts in the US for about 70 M€

Alphavalue | OHL, through its subsidiaries Judlau Contracting and Community Asphalt, has signed contracts to carry out two contacts in the US for about 70 M€.

Markets, Spanish Small & Mid Caps 5th February 2019

Villar Mir Group Receives Five Preliminary Offers To Acquire OHL

The Villar Mir family has received up to five demonstrations of interest in buying its shares in OHL, of which it controls 35%. Among those interested in taking over the company are three Chinese companies, one Italian and one French, even though the actual names of the companies have still not been made known.

Markets, Spanish Small & Mid Caps 25th October 2017

OHL eyes an international alliance to gain muscle after selling its main source of profits

Since it announced the sale of its concessions division in Mexico, its biggest source of earnings, OHL is expected to look for alliances to regain muscle. A merger with another European construction company could be a possibility.

Markets, Spanish Small & Mid Caps 5th October 2016

OHL sells 4.4% of Abertis to cut debt

Earlier this week, OHL sold 4.425% of Abertis (43.83 million shares) at 13,65 euros/share via placement with institutional investors. With this operation OHL will reduce its debt and also free itself up from its previous strategic commitment to Abertis in Brazil, which prevented it from expanding in a country which will have privatisations in the coming quarters.

Ibex 6th July 2016

With OHL chairman’s retirement, the generational replacement in the Ibex continues

Spain is one of the countries in the EU where its big businessmen remain in their posts the longest. Despite the fact that Emilio Botin is gone and Alierta and Villar Mir have left, the average age of Spain’s top businessmen is still higher than in France (56.6 years), the US (58.8 years) and the UK (55.8 years).

Ibex 16th June 2016

Cellnex, Viscofan replace family-owned builders Sacyr, OHL in Ibex 35

Newcomer to the stock exchange, Cellnex (a subsidiary of Abertis in the business of telecommunications networks) and oldtimer Viscofan (which manufactures cellulose wrapping for the food sector) will substitute two new generation construction companies (Sacyr and OHL). Both of these firms are controlled either by families or professionals.

Companies 13th April 2016

OHL’s dirty war in Mexico

Mexico’s Banking and Securities regulator (CNBV) has exonerated OHL Mexico from any evidence of fraud in its accounting practices, accepting the way the firm accounts for expected earnings from its motorway concessions in Mexico.

Spanish economy 1st April 2015

Increase in public works contracts break negative seven year cycle

The Corner | April 1, 2015 | Public works contracts grew by €2.88 billion (25%) in 2015, bucking a negative trend that had been prevalent for the previous seven years.

Markets 10th April 2014

Market chatter: T-bills auction time!

MADRID | By Jaime Santisteban | Time for EU peripherals’ sovereign debt auctions: Spain, Italy, Ireland and most importantly, Greece, which is back on the market after 4 years. Note that the successful Greek sale pushed down the yields of its neighbors. Besides, Qatar’s sovereign wealth fund has become shareholder of Colonial, following the steps of big finance firms like Fidelity that recently renewed their bet for Spanish listed companies and volatile real estate. Colonial rose by 14.3 % at the closing bell.

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