Business · Companies · 1 hr ago
Sacyr hires Alantra to explore sale of its industrial engineering business
Spanish infrastructure group Sacyr has hired Alantra to advise on a possible sale of its industrial engineering business.
The business operates through Sacyr Proyecta, which works from offices in Madrid and Asturias.
It provides engineering and construction services, and has diversified from hydrocarbon projects into energy transition work.
Sacyr Proyecta serves outside clients, including Repsol, Enagás and Fluxys, and does not currently work for Sacyr.
The division has about €50 million in annual revenue and €14 million in EBITDA.
Based on comparable deals, its value could be between €100 million and €200 million, but Sacyr says no decision has been made.
The sale process has been launched, but no outcome or next step has been announced.
Sacyr has hired Alantra as financial adviser to explore a sale of its industrial engineering business, Sacyr Proyecta.
The sale process has been launched, according to sources cited by Expansión.
The division has annual revenue of about €50 million and EBITDA of around €14 million.
Sacyr Proyecta provides services to external clients and does not currently count Sacyr among its clients.
Sacyr said it was exploring opportunities to unlock value from its assets but had made no decision to announce to the market.
- Who
- Sacyr hired financial adviser Alantra to explore the sale of Sacyr Proyecta.
- What
- Sacyr is exploring a sale of its industrial engineering business.
- When
- The process has been launched. The article was published on 14 October 2026.
- Where
- Sacyr Proyecta has main offices in Madrid and Asturias.
- Why
- Sacyr said it is constantly exploring opportunities to unlock value from its assets.
This story does not have two clearly opposing sides.
Sacyr and Fluor Corporation formed Sacyr Fluor as a 50-50 joint venture.
Sacyr acquired its North American partner's stake in the business.
Expansión reported that Sacyr had hired Alantra to explore a sale and that the process had been launched.
- Business
- Sacyr Proyecta
- Financial adviser
- Alantra
- Annual revenue
- About €50 million
- EBITDA
- Around €14 million
- Main offices
- Madrid and Asturias
- Origins
- Sacyr Fluor was formed in 2015 as a 50-50 joint venture between Sacyr and Fluor Corporation
What people are saying
We are constantly exploring opportunities to unlock value from our assets.
For reasons of confidentiality, we cannot provide any information about ongoing processes.
No decision has been made that is subject to communication to the market.