Mundys

What Mundys does

Mundys S.p.A. is an Italian-headquartered holding company (legal seat Rome; executive office Milan) that manages a globally diversified portfolio of sustainable mobility infrastructure. The company operates through three core verticals: toll-road concessions via Abertis (world's leading toll road operator) and Grupo Costanera across 11 countries encompassing 15,500+ km of motorways and 3 billion+ annual vehicle transits; airport operations through Aeroporti di Roma (Fiumicino and Ciampino) and Aéroports de la Côte d'Azur (Nice, Cannes, Saint Tropez), collectively serving ~60 million passengers annually; and digital mobility services through Telepass (electronic toll collection with 7 million Italian users), Yunex (intelligent transport systems in 600+ cities), and Emovis. Mundys also holds a 25% stake in Getlink (Channel Tunnel operator) and wholly-owns Neya, a benefit company launched in 2025 focused on nature-based carbon removal through reforestation in Madagascar and Chile.

Name

Mundys

Legal name

Mundys S.p.A.

Website

https://mundys.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Mundys is an Italian holding company managing a global portfolio of sustainable mobility infrastructure, operating toll-road concessions (Abertis) across 11 countries, airports in Italy and France, and digital mobility services (Telepass, Yunex) serving governments, motorists, and travelers.

Ownership category

akta.pro rank

Headquarters

HQ city

Rome

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Toll Road Concessions: Revenue from managing toll motorway networks across 11 countries through Abertis (the world's leading toll road operator), Grupo Costanera, and other subsidiaries. Over 3 billion vehicle transits annually generate concession-based toll fees.
2. Airport Operations: Revenue from managing airports including Aeroporti di Roma (Fiumicino and Ciampino) and Aéroports de la Côte d'Azur (Nice, Cannes, Saint Tropez). Revenue includes passenger fees, retail concessions, and aeronautical charges. Approximately 60 million passengers annually.
3. Mobility Services: Telepass provides electronic toll collection and mobility services with 7 million active users. Emovis manages toll operations globally. Yunex provides intelligent transport systems to over 600 cities. Revenue includes subscription fees and transaction-based charges.
4. Sustainable Infrastructure Investments: Strategic investments in infrastructure operators including Getlink (Channel Tunnel operator) where Mundys holds 25% stake. Revenue derived from equity returns and dividends on strategic holdings.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Mundys is a holding company that operates and manages sustainable mobility infrastructure through wholly-owned subsidiaries. Its core operations include toll motorway concessions (via Abertis and Grupo Costanera across 11+ countries), airport management (Aeroporti di Roma and Aéroports de la Côte d'Azur), and digital mobility services (Telepass electronic toll collection with 7 million users, Emovis tolling solutions, and Yunex intelligent transport systems in 600+ cities). The company also holds a 25% stake in Getlink (Channel Tunnel) and operates the Neya carbon removal benefit company.

Product overview

Mundys is a holding company managing a diversified portfolio of sustainable mobility infrastructure and services. The company operates through three main business segments: (1) Toll Roads/Motorways through Abertis and Grupo Costanera across 14+ countries; (2) Airports through Aeroporti di Roma (Fiumicino, Ciampino) and Aéroports de la Côte d'Azur (Nice, Cannes, Saint Tropez); and (3) Mobility Services including Telepass (electronic toll collection), Yunex (intelligent transport systems in 600+ cities), and Emovis. The portfolio also includes strategic investments in Getlink (Channel Tunnel operator) and Neya, a benefit company for carbon removal. The company manages over 15,000 km of toll motorways, serves 60+ million airport passengers annually, and provides mobility services to 7 million Telepass users. Mundys was rebranded from Atlantia in March 2023 following delisting and is controlled by Edizione with Blackstone as second-largest shareholder.

Differentiator

Problem solved

Functional benefit

Brands

• Abertis: Piattaforma di sviluppo e gestione autostradale - Motorway development and management platform
• Aeroporti di Roma (ADR)
• Aéroports de la Côte d'Azur (ACA)
• Telepass
• Yunex
• Emovis
• Neya
• Getlink

Products and services

• Abertis Toll Road Concessions Global toll road operator and development platform managed by Mundys, operating motorway concessions across Spain, France, Italy, Brazil, Chile, Argentina, USA, Mexico, Puerto Rico, India, and Poland; one of the world's largest toll road operators.
• Aeroporti di Roma (ADR) Operator of Rome's Fiumicino and Ciampino airports, serving approximately 50 million passengers annually; Fiumicino is Italy's largest airport.
• Aéroports de la Côte d'Azur (ACA) Operator of Nice, Cannes, and Saint Tropez airports in France, serving approximately 10 million passengers annually.
• Telepass Electronic Toll Collection Electronic toll collection and mobility services provider operating in Italy and expanding internationally, serving approximately 7 million users with toll payment, parking, and mobility management solutions.
• Yunex Intelligent Transport Systems Intelligent transport systems provider offering urban mobility platforms deployed in over 600 cities worldwide including London, Singapore, and Bogotá; provides traffic management, IoT-based real-time monitoring, and AI-driven traffic prediction.
• Emovis Mobility Services Mobility services subsidiary providing tolling and transportation solutions globally.
• Grupo Costanera Toll Road Operations Toll road operator in Chile, part of Mundys's Latin American motorway portfolio.
• Neya Carbon Removal Benefit Company 100% controlled benefit company of Mundys focused on climate change mitigation through nature-based carbon removal initiatives; produces CO2 credits for decarbonization of transport infrastructure; operates reforestation projects including 500 hectares in Madagascar (mangroves) and 170 hectares in Chile (Valdavian Forest).

Quantifiable outcome

• 3 billion+ annual vehicle transits on toll networks
• +5 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• GetlinkcoreStrategic or Co-development Partner · 24 April 2026Mundys increased its stake in Getlink (Channel Tunnel operator) to 25% of share capital and 29.9% of voting rights through subsidiary Aero 1 Global & International S.à r.l. Transaction required UK Government clearance under National Security and Investment Act 2021. Mundys has been committed to Getlink since 2018 and clarified no intention to take control or request additional board nominations.
• HICL InfrastructureminorStrategic or Co-development PartnerMinority shareholder (49%) in A63 French motorway alongside Abertis. Sold remaining stake to Abertis in March 2026, completing 100% acquisition of A63.
• CVC DIFminorStrategic or Co-development PartnerInfrastructure fund that held minority stake (49%) in A63 French motorway. Stake acquired by Abertis in March 2026.
• NGE AutoroutesminorStrategic or Co-development PartnerInfrastructure company that held minority stake (49%) in A63 French motorway. Stake acquired by Abertis in March 2026.
• Aero 1 Global & International S.à r.l.coreOthersWholly-owned subsidiary of Mundys used to hold and manage the Getlink investment, facilitating the increase to 25% stake.

Scale indicators13 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• VINCI: French global infrastructure operator with VINCI Autoroutes (largest French toll operator), VINCI Airports, and mobility services. Closest peer to Mundys in European toll road and airport concessions with substantial overlap in France and Italy.
• Ferrovial: Spanish global infrastructure operator with Cintra (toll roads in 11+ countries), airports, construction, and services businesses. Most direct comparable to Mundys in scope, asset mix, and international geographic reach across toll roads and airports.
• Brookfield Infrastructure Partners: North American infrastructure investor/operator with toll roads, midstream, utilities, and transport assets globally. Comparable in scale, asset class mix, and infrastructure investment strategy to Mundys.
• Macquarie Asset Management (MIRA): Global infrastructure asset manager with toll roads, airports, and utilities under management. Comparable to Mundys in strategy of building institutional-scale infrastructure platforms through platform M&A and long-term concessions.

Direct peers

• AENA: Spain's national airport operator and world's largest airport network by passenger volume. Directly comparable to Aeroporti di Roma and Aéroports de la Côte d'Azur in airport operations, retail concession mix, and aeronautical charging.
• TAV Airports: Turkish airport operator with international portfolio across 14+ countries (subsidiary of Groupe ADP). Direct operational peer to Aeroporti di Roma in international airport concessions and an indirect competitor in European tender processes.
• Globalvia: Spanish toll road and infrastructure concessions operator (backed by Canada Pension Plan and Ontario Teachers'). Direct comparable to Abertis in concession portfolio scale, geographic focus on Europe and Latin America, and asset management model.
• Aéroports de Paris (Groupe ADP): Operator of Paris Charles de Gaulle and Orly with international subsidiaries including TAV. Direct competitor to Aéroports de la Côte d'Azur, particularly in French Riviera catchment and international airport concession bidding.
• Kapsch TrafficCom: Austrian intelligent transport systems and electronic toll collection provider. Direct competitor to Mundys' Yunex in urban ITS deployments and to Emovis in global tolling operations, with overlapping city government contracts.
• Fraport: German airport operator (Frankfurt) with international portfolio across 30+ airports. Direct comparable in size, asset base, and operational model to Mundys' airport segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mundys-group
• Instagraminstagram.com/mundysgroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries10 records

Funding overview

Funding rounds1 record

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mundys