Abertis

What Abertis does

Abertis is a Spain-headquartered international toll road operator managing approximately 8,000 kilometres of high-capacity roads across 15 countries in Europe, the Americas and Asia, with revenue of €6,149 million in 2025. The group operates through national subsidiaries including Sanef (France), Arteris (Brazil), RCO (Mexico), Vías Chile, Ausol/GCO (Argentina), A4 Holding (Italy), Autopistas (Spain), Metropistas (Puerto Rico), Elizabeth River Crossings (USA) and Isadak (India), generating revenue primarily through usage-based toll fees collected under long-term government concessions, with France contributing 36% of 2025 revenue and Mexico, Spain and Brazil each contributing roughly 11%.

The group's technology subsidiary Abertis Mobility Services (Emovis) operates across 10 countries with 700 employees, processing 300 million transactions annually and managing 2.5 million customer accounts. Emovis delivers free-flow tolling, Bluetooth-based mobile payment (AWAI), the SPAV road accident prediction system, and the RUC road-use-charge solution, and is being modernised under a five-year IBM agreement covering SAP S/4HANA migration across five markets. The Beyond Roads innovation hub and Future Road LAB pilot infrastructure underpin Abertis's push into AI-enabled traffic management, edge computer vision under the 5GMED project, and connected-vehicle services.

Abertis is a privately held entity jointly owned by ACS Group and Mundys (formerly Atlantia), with Fitch and S&P assigning investment-grade BBB/BBB- ratings. Its business model combines B2G concession management with B2B technology services through Emovis; customer segments are governments and public administrations as counterparties, individual motorists as end users of toll roads, and commercial transport operators. The company's 2022-2030 Sustainability Strategy and 2024 first ESG Plan (achieving a 25% emission reduction over five years) frame its positioning as a sustainable mobility infrastructure operator.

Name

Abertis

Legal name

ABERTIS INFRAESTRUCTURAS, S.A.

Website

https://abertis.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Abertis is a privately held international toll road operator, jointly owned by ACS Group and Mundys, managing approximately 8,000 km of high-capacity roads across 15 countries in Europe, the Americas and Asia, generating €6.1 billion in 2025 revenue from usage-based tolls and technology services.

Ownership category

akta.pro rank

Product category

Toll Road Infrastructure Operations

NAICS

Totalizing Fluid Meter and Counting Device Manufacturing (334514)

SIC

Totalizing Fluid Meters & Counting Devices (3824)

akta.pro primary industry

Automatic Number Plate Recognition (ANPR) / Video Tolling & Enforcement (TLAJABAB)

akta.pro secondary industries

Toll Plaza / Lane Equipment & Field Systems (Gantry, Sensors, Cameras, AVC) (TLAJABAH), HD Maps & Localization for Autonomous/ADAS (BPAMANAL)

Keywords

• Toll road operations
• Highway concessions
• Smart mobility solutions
• Electronic tolling systems
• Infrastructure management

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Toll road concessions: Abertis operates toll highways under long-term concessions, generating revenue through toll fees charged to users. Revenue is usage-based, driven by traffic volumes. Concessions typically run for decades (e.g., A63 until 2051, Mexico RCO until 2067). Revenue is split geographically: France 36%, Mexico 11%, Spain 11%, Brazil 11% of 2025 revenue of €6,149 million.
2. Technology and mobility services (Emovis): Technology subsidiary provides cutting-edge technology platforms and operation services for infrastructure management and smart mobility. Manages 300 million transactions annually across 10 countries, with 2.5 million customer accounts and 150,000 fines issued monthly on behalf of competent bodies.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Abertis is an international toll road operator managing nearly 8,000 km of high-capacity roads across 15 countries in Europe, America and Asia under long-term government concessions. Through its technology subsidiary Emovis (Abertis Mobility Services), the company sells free-flow electronic tolling platforms, smart mobility solutions, AI-enabled traffic management systems, and per-kilometre road-use charging infrastructure to public administrations and infrastructure operators in 10 countries.

Product overview

Abertis operates as a unified toll road management company with its technology subsidiary Abertis Mobility Services (AMS/Emovis) providing smart mobility solutions. The portfolio includes core toll road operations across Europe, America and Asia, technology products for free-flow tolling (Emovis), mobile payment (AWAI), accident prediction (SPAV), and road-use charging (RUC). The Beyond Roads innovation hub drives digital transformation through AI-enabled traffic management, while the Abertis Foundation focuses on sustainability and road safety research.

Differentiator

Problem solved

Functional benefit

Brands

• Emovis: Technology subsidiary of Abertis expert in implementation of cutting-edge technology platforms and operation services for infrastructure management and smart mobility. Focuses on free-flow toll activities and urban traffic management through Low Emission Zones.
• Fundación Abertis
• Beyond Roads
• OnTheRoadTrends

Products and services

• Abertis toll road concessions Long-term government concessions to operate high-capacity toll roads across Europe, America and Asia, generating usage-based toll revenue. The concession portfolio includes A63 (France, until 2051), Red de Carreteras de Occidente (Mexico, until 2067), BR-101-RJ (Brazil, until 2047), and operations in Spain, Italy, USA, Puerto Rico, Chile, Argentina and India.
• Abertis Mobility Services (AMS) / Emovis Smart mobility technology subsidiary providing cutting-edge platforms and operation services for infrastructure management, free-flow tolling, urban traffic management and Low Emission Zones. Sold to infrastructure operators and government bodies in 10 countries through B2B contracts; manages 2.5 million customer accounts and issues 150,000 fines monthly on behalf of competent bodies.
• AWAI mobile toll payment Allows drivers to pay tolls automatically using any Bluetooth-enabled mobile device, supporting barrier-free tolling and free-flow tolling implementations. Used by individual drivers and fleet operators.
• SPAV Road Accident Prediction System AI-based system that predicts accident risk 5 minutes ahead using past gantry traffic and accident data, generating risk indexes for the Traffic Control Centre to enable preventive road safety measures. Deployed in Chile and integrated with traffic management operations.
• RUC Road-Use-Charge solution Per-kilometre road usage charging solution supporting both dongle and 4G connectivity, allowing drivers to pay highway usage fees based on distance. Implements mileage-based user charging for public authorities.
• Free-flow tolling technology (Emovis) Barrier-free electronic toll collection technology enabling vehicles to pay tolls without stopping; deployed as a technology solution for infrastructure operators and public administrations. Supports Low Emission Zones and urban traffic management.
• 5GMED advanced digital infrastructure (5G + AI edge) 5G network infrastructure with AI edge processing developed for decentralised traffic monitoring and management in the Mediterranean Corridor; supports autonomous driving and advanced traffic management.
• Future Road LAB Physical laboratory with living labs for pilot testing connected mobility and infrastructure digitisation technologies including real-time traffic and pollution monitoring, 5G communication, C-V2X and C-ITS services. Used by Abertis and partners for technology validation.

Quantifiable outcome

• 116% increase in adjusted profit for 2025, reaching €701 million
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability7 records

Feature6 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• IBMcoreTechnology or Integration · 26 May 2026IBM and Abertis entered a five-year global agreement for SAP S/4HANA migration and infrastructure modernization. The agreement covers operations across Spain, France, United Kingdom, Chile, and Puerto Rico, with options to extend to additional markets. IBM Consulting provides consulting, implementation, and technology management services under a joint governance model. The collaboration extends more than a decade of partnership between the two companies and supports Abertis's digital transformation initiative.
• Government of MexicocoreOthers · 8 May 2026Abertis reached an agreement with the Government of Mexico to invest €1.2 billion in strategic infrastructure improvements, more than doubling the concession life of its subsidiary Red de Carreteras de Occidente (RCO) from 22 years to over 41 years until 2067.
• HICL InfrastructureminorOthers · 25 March 2026Abertis acquired the remaining 48.8% stake in A63 motorway from HICL Infrastructure, CVC DIF, and NGE Autoroutes, achieving full ownership of the asset.
• CVC DIFminorOthers · 25 March 2026Abertis acquired the remaining 48.8% stake in A63 motorway from HICL Infrastructure, CVC DIF, and NGE Autoroutes.
• NGE AutoroutesminorOthers · 25 March 2026Abertis acquired the remaining 48.8% stake in A63 motorway from NGE Autoroutes and other parties.
• UNICEFcoreStrategic or Co-development Partner · 1 January 2017Strategic partnership focused on boosting sustainable mobility and road safety in Brazil, India, and Mexico. Abertis is committed to improving safe infrastructures in school zones and promoting safe mobility for young children.
• Universidad Politécnica de Madrid (UPM)coreStrategic or Co-development PartnerAbertis Chairs International Network coordinated by UPM, promoting collaboration between prestigious universities in countries where Abertis operates to promote sustainable mobility through data analysis, applied research, and innovative projects.
• Universities and research centrescoreStrategic or Co-development PartnerBeyond Roads hub collaborates with universities, entrepreneurs, and innovative startups to develop smart and efficient solutions for sustainable mobility.
• ISCI (Institute of Complex Engineering Systems)coreStrategic or Co-development PartnerCollaboration with Vias Chile and ISCI to develop the Road Accident Prediction System (SPAV) using AI and traffic data for accident risk prediction.
• 5GMED consortiumcoreStrategic or Co-development PartnerEuropean project developing 5G network infrastructure for future mobility in the Mediterranean Corridor, supporting autonomous driving and advanced traffic management.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Brisa: Portugal's largest toll road operator with significant concession experience in Iberia and Brazil. Operates a similar concession-based toll road model to Abertis and overlaps in Iberian geography.
• Getlink: Operates the Channel Tunnel and related UK/France road infrastructure assets under long-term concessions. Comparable concession-based regulated revenue model and European footprint.

Broad incumbents

• Transurban: Australian-listed toll road operator with major North American assets. While focused on urban/metro concessions rather than long-haul highways, it competes for global capital and is a benchmark for listed toll road valuation multiples.
• Mundys (Atlantia): Abertis's 50% co-owner and parent, formerly Atlantia, operates toll roads (Autostrade per l'Italia) and airports. As a sibling infrastructure platform with overlapping investment logic, it is a critical strategic and benchmark peer.
• Eiffage (Concessions): French construction and infrastructure group with a toll road and public-private partnership concession business across Europe. Competes with Abertis-Sanef for French and European concession assets.

Direct peers

• Autostrade per l'Italia (ASPI): Italy's largest toll road operator, now owned by Blackstone and Mundys after a privatization-led restructuring. Overlaps with Abertis's Italian subsidiary A4 Holding and competes in European toll road investment.
• Globalvia: Spanish-based international toll road and railway concession operator with assets across Europe, the Americas and Asia. Direct competitor to Abertis for concession tenders and a similarly sized private infrastructure platform.
• Ferrovial (Cintra): Cintra, Ferrovial's toll road subsidiary, develops and operates highway concessions globally with a focus on North America, Europe and Asia. Direct competitor to Abertis for greenfield concession tenders and asset acquisitions.
• Vinci Highways (Vinci Concessions): Vinci Concessions operates a global portfolio of toll road and infrastructure concessions across Europe, the Americas and elsewhere. It is the closest direct peer to Abertis in terms of international highway concession footprint and free-flow tolling technology deployment.

Others

• Macquarie Asset Management (Infrastructure): One of the world's largest infrastructure investors and active acquirer of toll road concessions. Frequently a co-bidder or counterparty in concession auctions, affecting Abertis's competitive dynamics and minority-stake transactions (e.g., HICL infrastructure deals).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/Abertis
• YouTubeyoutube.com/user/fundacioabertis
• LinkedInlinkedin.com/company/abertis-infraestructuras-s-a-
• Instagraminstagram.com/ontheroadtrends

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries12 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A1 record

Investments

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

Frequently asked questions about Abertis