APG has reached an agreement with Globalvia for the acquisition of Globalvia’s entire stake in Itínere Infraestructuras, S.A. This transaction is part of a comprehensive set of agreements that solves all outstanding litigation between the parties related to Itínere’s shareholdings.
These definitive agreements between APG and Globalvia reflect their commitment to setting a clear path forward. The successful completion of this deal represents a significant positive outcome for all parties involved, bringing an end to longstanding disputes over Itínere.
APG already held approximately 56 percent of Itínere through various entities. With the acquisition of Globalvia’s shares its total stake in Itínere now amounts to approximately 96 percent.
Northern Spain
Itínere Infraestructuras is a leading Spanish infrastructure management company. It operates 5 toll-road concessions in Northern Spain, totaling 524.8 kilometers. Additionally, Itínere holds the concession agreement for managing the operation, maintenance, and conservation of another toll road in the same region.