What Sando does

Founded in 1974 and headquartered in Málaga, Spain, Sando (Grupo Empresarial Sando, S.A.) is a privately held, family-controlled infrastructure and urban-services group operating across Spain and tangentially into Morocco. The company is structured around four operating brands: Sando Infraestructuras y Proyectos (transport, civil works, sustainable building, concessions), Sando Conservación y Energía / Conacon (urban conservation, cleaning, waste management, energy efficiency), Sando Agua (water treatment and integral water cycle management), and Sando Materiales (vertically integrated production of aggregates, concrete and asphalt). A fifth affiliate, Althenia, addresses environmental and green-area services. The group's value chain spans project design, in-house materials production, construction execution, and post-completion maintenance services, including operating public-service concessions such as parking.

Sando generates revenue through four streams: project-based infrastructure construction (transport, hydraulic, energy and building works), recurring urban-services management contracts (road conservation, cleaning, waste, green areas), public-service concessions (e.g., parking), and hardware-style materials sales from its own plants. The go-to-market is sales-led and B2G/B2B, with public procurement at municipal (e.g., Ayuntamiento de Málaga), regional (Junta de Andalucía), and national (ADIF, Ministerio del Interior) levels as the dominant channel, supplemented by direct contracting with private clients. Key customers include ADIF, RENFE, Junta de Andalucía, multiple Andalusian municipalities and ports, several public hospitals (Hospital Virgen del Rocío, Hospital de la Axarquía), Universidad de Málaga and Universidad de Granada, and national-security clients (Policía Nacional). Notable operational scale includes 17,729 km of roads conserved, 58,750 km of urban roads under maintenance, water treatment for an equivalent of 5 million inhabitants, and a renewable energy portfolio exceeding 1 GW.

The technology stack rests on BIM methodology certified to ISO 19650, BIM-integrated road-conservation software (Programa Génesis), a university-partnered intelligent structural-monitoring system (SAFETRACK[IN]), and certified drone-based environmental monitoring. The group holds a strong regulatory and certification footprint (ISO 50001, 19650, 27001, 39001, 56001:2024, UNE 166002) and operates an innovation program backed by 23.3M euros in cumulative R&D+i spend and a corporate foundation (Fundación Sando) investing 5.7M euros in CSR. The family-controlled ownership (José Luis Sánchez Domínguez as President of Honor, Luis Sánchez Manzano as Executive President) provides governance continuity across the 50+ year history.

Name

Sando

Legal name

GRUPO EMPRESARIAL SANDO, S.A.

Website

https://sando.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Sando is a privately held, family-owned Spanish infrastructure and urban-services group building and maintaining transport, water, energy and building projects primarily for Spanish public-sector clients across seven regions, with vertically integrated materials production and recurring maintenance concessions.

Ownership category

akta.pro rank

Product category

Construction and Infrastructure Services

NAICS

Industrial Sand Mining (212322), Waste Collection (5621), Remediation and Other Waste Management Services (5629), Transportation and Warehousing (48-49)

SIC

Refuse Systems (4953), Sanitary Services (4950), Asphalt Paving & Roofing Materials (2950)

akta.pro primary industry

Sand & Gravel Extraction & Processing (IMAKAHAB)

akta.pro secondary industry

Container Rental, Delivery & Servicing (Carts/Bins) (BPALAAAG)

Keywords

• Infrastructure construction
• Urban services management
• Transport infrastructure
• Water treatment services
• Construction materials production

Headquarters

HQ city

Málaga

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Infrastructure Construction: Large-scale construction projects including transport infrastructure, buildings, hydraulic works, and energy installations for public and private clients
2. Urban Services Management: Ongoing management and maintenance services including road conservation, urban cleaning, waste management, green area maintenance, and water treatment
3. Concessions: Operation and exploitation of public service concessions including parking facilities and other urban infrastructure
4. Materials Production: Production and sale of construction materials including aggregates, concrete, and asphalt from own manufacturing facilities

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Sando is a Spanish construction and infrastructure services group that builds and maintains transport infrastructure (highways, railways, bridges), manages urban services (road conservation, cleaning, waste management, green areas), operates integral water cycle services (treatment, desalination, distribution), and produces construction materials (aggregates, concrete, asphalt) for public and private clients primarily in Spain.

Product overview

Sando is a diversified construction and infrastructure group with over 50 years of experience operating across Spain. The company operates through a multi-brand portfolio consisting of four main commercial brands: Sando Infraestructuras y Proyectos (infrastructure construction), Sando Conservación y Energía/Conacon (urban conservation and energy), Sando Agua (water cycle management), and Sando Materiales (construction materials production), plus Althenia for environmental services and Fundación Sando for social initiatives. These brands work together to deliver integrated services spanning transport infrastructure, sustainable building, water treatment, energy efficiency, waste management, and green space maintenance. The group employs approximately 2,000 professionals and has invested 23.3M euros in R&D+i.

Differentiator

Problem solved

Functional benefit

Brands

• Sando Infraestructuras y Proyectos: Transport infrastructure, sustainable building, concessions, and design & building projects
• Sando Conservación y Energía
• Sando Agua
• Sando Materiales
• Fundación Sando

Products and services

• Sando Infraestructuras y Proyectos Core infrastructure construction brand specializing in transport infrastructure, high-speed rail, hospitals, and large-scale civil engineering projects. Manages major projects including metro extensions, highway construction, and building construction (264 buildings completed).
• Sando Conservación y Energía (Conacon) Urban and energy conservation services brand covering road maintenance, smart cities, street lighting, waste management, and energy efficiency projects. Manages conservation of 17,729 km of roads and 58,750 km of urban roads annually.
• Sando Agua Water cycle management brand covering wastewater treatment plants (WWTP), water distribution, desalination, and water reuse services. Manages 629,625,000 m3 of purified water annually serving approximately 5 million inhabitants.
• Sando Materiales Construction materials production brand manufacturing aggregates, concrete, and asphalt. Production capacity of 2,500 TN/hour aggregates, 480 m3/hour concrete, and 360 T/hour asphalt.
• Althenia (Sando)
• Concessions Operations Operation and exploitation of public service concessions including parking facilities and other urban infrastructure under long-term agreements with government entities.

Quantifiable outcome

• 629,625,000 m3 of water purified annually, equivalent to 5 million inhabitants
• +2 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Twelve partnerships are on record, tiered minor and core.

• IBIMA Plataforma BionandminorStrategic or Co-development Partner · 1 May 2026IBIMA (Biomedical Research Institute of Málaga) partners with Hospital Regional Universitario de Málaga, Universidad de Málaga, and Junta de Andalucía to organize the Solidarity Football Tournament raising funds for biomedical research. Fundación Sando has participated in all four editions, contributing to over 16,000 euros raised.
• UN Global Compact (Pacto Mundial)coreStrategic or Co-development PartnerSando participates in three UN Global Compact initiatives: Business and Human Rights Accelerator (human rights due diligence), Climate Ambition Accelerator (emission reduction strategies aligned with SBTi), and Sustainable Suppliers Training Program (supply chain sustainability). These are integrated into Sando's Sustainability Master Plan 2025-2028.
• ICEX España Exportación e InversionesminorStrategic or Co-development PartnerCo-organizer with UN Global Compact España and Fundación ICO of the Sustainable Suppliers Training Program, which trains thousands of companies on supply chain sustainability.
• Fundación ICOminorStrategic or Co-development PartnerCo-organizer with UN Global Compact España and ICEX of the Sustainable Suppliers Training Program for sustainable supply chain development.
• Universidad de MálagaminorStrategic or Co-development PartnerUniversity partnership through IBIMA tournament and various research collaborations including the Spin-off Awards where Fundación Sando proposes technological challenges.
• Fundación Malagueña de Asistencia a Enfermos de Cáncer (FMAEC)minorStrategic or Co-development PartnerCollaboration agreement signed between Fundación Sando and FMAEC to work jointly on initiatives supporting cancer patients and strengthening care resources in Málaga.
• Club Deportivo Novacártama de Tenis de MesaminorOthersFoundation sponsorship of the women's table tennis team under NovaCártama TM brand, promoting sports and social inclusion.
• Club de Voleibol Cuesta PiedraminorOthersFoundation support for the volleyball club that achieved promotion to Liga Iberdrola, Spain's top women's volleyball division.
• Asociación Española Contra el Cáncer (AECC)minorStrategic or Co-development PartnerFoundation support for the solidarity golf tournament organized by AECC, contributing to cancer research and patient support.
• Instituto de Posgrado CEU AndalucíaminorOthersPresident of honor José Luis Sánchez Domínguez and executive president Luis Sánchez Manzano participate in Excellence Program closing ceremony, sharing Sando's business model with selected students.
• Museo Revello de TorominorOthersFoundation participation in the Revello Year cultural program celebrating the centenary of painter Félix Revello de Toro.
• Agencia EFEminorStrategic or Co-development PartnerOngoing collaboration for two journalism scholarships in social responsibility, renewed annually.

Scale indicators15 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• OHLA: Spanish construction and infrastructure group operating in transport, healthcare, and energy infrastructure; directly comparable to Sando's civil works portfolio and a current JV partner on the imec Málaga project.
• Acciona: Spanish infrastructure and water-treatment conglomerate with comparable exposure to public infrastructure tenders, concessions, and renewable energy projects — overlapping Sando's transport, water, and energy businesses.
• Sacyr: Spanish infrastructure and concessions group with active involvement in transport, water, and urban services; comparable to Sando in project size, concession model, and public-sector customer base.
• FCC (Fomento de Construcciones y Contratas): Diversified Spanish construction and environmental services group with major presence in infrastructure, water (Aqualia), and urban services — directly overlapping Sando's construction, water, and waste management verticals.
• Isolux Corsán: Spanish infrastructure and energy construction group historically competing with Sando in concessions, highways, and energy EPC — comparable scale and customer base prior to its restructuring.
• Grupo San José: Spanish construction group with similar mid-tier positioning in public works, building construction, and concessions — directly comparable to Sando's scale and customer profile in the Iberian market.

Broad incumbents

• Ferrovial: Global Spanish infrastructure leader with major toll roads, construction, water, and airports portfolios — operates in the same public-infrastructure space as Sando but at much greater scale and geographic diversification.
• Abertis: Global toll-road and infrastructure concession operator; relevant to Sando's concessions vertical and road conservation operations as a downstream operator of the assets Sando helps build and maintain.
• ACS Group: Largest Spanish construction conglomerate (Actividades de Construcción y Servicios); competes broadly with Sando on public infrastructure tenders but at vastly greater scale and international reach.

Emerging players

• Construcciones y Auxiliar de Ferrocarriles (CAF): Spanish rail-focused engineering and rolling stock group with adjacency to Sando's 220 km of railway construction track record — comparable in rail sector customer overlap (RENFE, ADIF) but specialized in vehicles rather than civil works.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sando

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Sando