Finance
Acs Agrees to Sell Ugl Business to Japan's Sojitz for 560 Million Euros, El Economista Says
Published by Global Banking & Finance Review®
Posted on November 17, 2025
1 min readLast updated: January 21, 2026
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Quick Summary
ACS agrees to sell UGL to Sojitz for €560M. The deal, reported by El Economista, is expected to close by early 2026, pending regulatory approvals.
ACS agrees to sell UGL business to Japan's Sojitz for 560 million euros, El E...
Overview of the ACS and Sojitz Deal
MADRID (Reuters) -Spanish construction company ACS has agreed to sell the transportation business of its Australian subsidiary UGL to Japan's Sojitz Corporation for over 560 million euros ($650 million), Spanish newspaper El Economista reported on Monday, citing sources familiar with the talks.
Details of the Transaction
ACS declined to comment, while Sojitz did not immediately respond to a request for comment.
Expected Closing Timeline
The deal is expected to close by the end of this year or early 2026, subject to regulatory approvals, the newspaper said.
Background on UGL and CIMIC Group
ACS's Australian unit CIMIC Group hired Macquarie Capital earlier this year to explore the sale of its UGL transport business, El Economista added.
(Reporting by Corina Pons; Editing by Emelia Sithole-Matarise)
Key Takeaways
- •ACS is selling its UGL business to Sojitz for €560 million.
- •The deal is expected to close by early 2026.
- •UGL is part of ACS's Australian unit, CIMIC Group.
- •Macquarie Capital was hired to explore the sale.
- •The transaction is subject to regulatory approvals.
Frequently Asked Questions about ACS agrees to sell UGL business to Japan's Sojitz for 560 million euros, El Economista says
1What is corporate strategy?
Corporate strategy refers to the overall plan and direction of a company, focusing on long-term goals and how to achieve them. It involves decisions about resource allocation, market positioning, and competitive advantage.
2What is the Transportation Sector?
The Transportation Sector encompasses industries and services that facilitate the movement of goods and people. This includes road, rail, air, and maritime transport, as well as logistics and supply chain management.
3What is investment banking?
Investment banking is a financial service that helps companies raise capital by underwriting and issuing securities. It also provides advisory services for mergers and acquisitions, and assists in the sale of securities.
4What is a subsidiary?
A subsidiary is a company that is controlled by another company, known as the parent company. The parent company typically owns more than 50% of the subsidiary's shares, allowing it to influence its operations.
