Webuild

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Webuild S.p.A.
Company type
Public
BIT: WBD
BIT: WBDR
FTSE Italia Mid Cap
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Headquarters
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Key people
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ProductsLarge complex infrastructure for sustainable mobility, hydro energy, water and green buildings
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Number of employees
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  • The Lane Construction Corporation (USA)
  • Clough Group (Australia)
  • Cossi Costruzioni SpA (Italy)
  • Fisia Italimpianti SpA (Italy)
  • NBI SpA (Italy)
  • Seli Overseas SpA (Italy)
  • CSC Costruzioni (Switzerland)
Websitewww.webuildgroup.com

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Webuild S.p.A. (previously Salini Impregilo S.p.A.;[4] Script error: No such module "IPA".) is an Italian industrial group specialising in construction and civil engineering. The company was formally founded in 2014 as the result of the merger by incorporation of Salini into Impregilo. Webuild is the largest Italian engineering and general contractor group and a global player in the construction sector.

The company is active in over 50 countries of 5 continents (Africa, America, Asia, Europe, Oceania) with more than 85,000 employees.[5] Its experience ranges from the construction of dams, hydroelectric plants and hydraulic structures, water infrastructures and ports, to roads, motorways, railways, metro systems and underground works, to airports, hospitals and public and industrial buildings, to civil engineering for waste-to-energy plants and environmental protection initiatives. It takes first place in the water sector of the Engineering News-Record rankings, the benchmark for the entire construction industry.[6]

The company is listed on the Borsa Italiana. Its chief executive is Pietro Salini.

History

The company was founded as Impregilo in 1960[7] and expanded following a merger with Script error: No such module "Lang". and Lodigiani S.p.A. in 1994.[8]

Impregilo established a business relationship with Fisia in 1998,[9] and acquired Todini in 2010.[10]

In 2011 Salini, privately held, began its acquisition of Impregilo with an initial purchase of shares, reaching 25% the following year. The acquisition set a precedent in Italy because it was the first proxy fight for control of a company to occur in the country. Despite the opposition it faced from a group of investors, Salini managed to convince enough shareholders at an assembly in July 2012 to approve its proposal to replace Impregilo's board of directors with its own list of candidates. Once in place, these new members of the board approved Salini's offer to buy the rest of Impregilo. Pietro Salini became chief executive. A few months later, the board approved Salini's plan.[11]

In 2013, Salini launched a tender offer to buy the remaining ordinary shares in Impregilo. In January 2014 the transaction was completed forming Salini Impregilo.[12]

In 2016, it bought Lane Industries, based in Connecticut[13] and, in 2019, it announced the acquisition of a majority stake in Cossi Costruzioni.[14]

In May 2020, the company was rebranded as Webuild.[15] In November 2020, Webuild acquired a 65% shareholding in Astaldi.[16]

In November 2022, Webuild announced that, subject to due diligence, it would acquire the Australian based company Clough Group.[17]

Operations

The group is organised into four business areas: Clean Hydro Energy, Clean Water, Sustainable Mobility, Green Buildings. The company's projects include 313 dams and hydroelectric plants; 13,319 kilometres (8,276 miles) of railway lines; 3,408 kilometres (2,118 miles) of underground works, 821 kilometres (510 miles) of which subway lines; 82,533 kilometres (51,284 miles) of roads and highways; and 1,020 kilometres (630 miles) of bridges and viaducts.[18]

Major projects

Projects in which the company has been involved include buildings, public utilities, motorways, underground works, airports, water supply systems, waste disposals, hospitals and land development. Some major examples include: Template:Div-col

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See also

References

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  2. ^ a b c Page Module:Citation/CS1/styles.css has no content."Annual Results 2024" (PDF). Webuild. Retrieved 17 March 2025.
  3. ^ Page Module:Citation/CS1/styles.css has no content."Webuild, un 2024 da record: "Pronti per la ricostruzione in Ucraina e per nuove sfide globali"". 14 March 2025.
  4. ^ Page Module:Citation/CS1/styles.css has no content."Salini Impregilo". Salini Impregilo. Retrieved 4 May 2020.
  5. ^ Page Module:Citation/CS1/styles.css has no content."Group profile | WeBuild Group". webuildgroup. Retrieved 15 December 2023.
  6. ^ Page Module:Citation/CS1/styles.css has no content."ENR Classification – Water Sector: The Salini Impregilo Group takes first place".
  7. ^ Page Module:Citation/CS1/styles.css has no content."Salini Impregilo Expects U.S. Acquisition To Cut Risk, Raise Profit Margins". Engineering News Record. 24 August 2016. Retrieved 20 January 2025.
  8. ^ Page Module:Citation/CS1/styles.css has no content.Rickard, Carmel (4 September 2006). "Water project trial targets Italian giant". Business Day. Archived from the original on 4 March 2016. Retrieved 14 July 2013.
  9. ^ Page Module:Citation/CS1/styles.css has no content."Environmental emergency in the Orbetello lagoon. Works related to the "Connection project for the completion of the works of the 1st section - Supplementary and variant appraisal no. 2"". Official Journal. 19 July 1999. Retrieved 20 January 2025.
  10. ^ Page Module:Citation/CS1/styles.css has no content."Salini Impregilo sells Todini, 7 billion revenue expected". The Medi Telegraph. 21 March 2014. Retrieved 20 January 2025.
  11. ^ Page Module:Citation/CS1/styles.css has no content."Italian Investors Feud Over Biggest Builder Impregilo". Bloomberg. 12 July 2012. Retrieved 10 August 2016.
  12. ^ Page Module:Citation/CS1/styles.css has no content.Flak, Agnieszka (12 September 2013). "Impregilo shareholders approve merger with Salini". Reuters. Retrieved 1 March 2014.
  13. ^ Page Module:Citation/CS1/styles.css has no content."Salini Impregilo in $406-mln purchase of Lane Industries". Reuters. Retrieved 15 December 2023.
  14. ^ Page Module:Citation/CS1/styles.css has no content."Salini Impregilo buys majority stake in Cossi Costruzioni". Ground Engineering. 4 April 2019. Retrieved 20 January 2025.
  15. ^ Page Module:Citation/CS1/styles.css has no content."Salini Impregilo cambia nome: da oggi nasce Webuild - la Repubblica". Repubblica.it. 4 May 2020. Retrieved 4 May 2020.
  16. ^ Webuild Completes Acquisition Of Astaldi Tunnelling Journal 6 November 2020
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  18. ^ Page Module:Citation/CS1/styles.css has no content."Webuild At a Glance 2023" (PDF). Webuild. p. 10. Retrieved 20 January 2025.
  19. ^ Spurwing facts Script error: No such module "webarchive".
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  21. ^ VRA honours Italy contractors of Akosombo Kpong dams
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  26. ^ Page Module:Citation/CS1/styles.css has no content.Reed, Michael C. (1 June 1987). "Gabon: A Neocolonial Enclave of Enduring French Interest". The Journal of Modern African Studies. Retrieved 6 May 2025.
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  28. ^ A much discussed chamber
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  36. ^ Page Module:Citation/CS1/styles.css has no content."Rail Performance Society - Italians set national rail speed record (in tunnel) of 362km/h (224.8mph)". www.railperf.org.uk. Archived from the original on 22 March 2023. Retrieved 8 June 2009.
  37. ^ Page Module:Citation/CS1/styles.css has no content."Alfred McAlpine JV wins £125m hospital contract". Building. 19 December 2005. Retrieved 30 April 2018.
  38. ^ Page Module:Citation/CS1/styles.css has no content."Grand Ethiopian Renaissance Dam Project, Benishangul-Gumuz".]
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  49. ^ Page Module:Citation/CS1/styles.css has no content."Webuild signs £3.7bn contract to build artificial lake for Saudi Arabia's Neom". New Civil Engineer. 18 January 2024. Retrieved 21 January 2024.
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