Webuild

Webuild is an Italian industrial group focused on construction, civil engineering, and the delivery of complex infrastructure. The company was formally created in 2014 through the merger by incorporation of Salini into Impregilo, although its operating heritage includes Impregilo, founded in 1960, and the Salini construction business. It was known as Salini Impregilo until its rebranding as Webuild in 2020. The group works as a general contractor, engineering and construction company, concession-related project partner, and infrastructure developer. Its portfolio covers dams and hydroelectric facilities, hydraulic and water-supply infrastructure, ports, roads and motorways, railways, metro systems, tunnels, airports, hospitals, public buildings, industrial facilities, waste-to-energy works, and environmental projects. Its activities are organized around four broad areas: Clean Hydro Energy, Clean Water, Sustainable Mobility, and Green Buildings. Webuild has operated across more than 50 countries on five continents. Its stated project experience includes hundreds of dams and hydroelectric plants, extensive railway and underground works, roads and motorways, and major bridges and viaducts. The company presents itself as one of Italy's largest engineering and general-contracting groups and as an international specialist in technically demanding infrastructure. Engineering News-Record rankings have placed it at the top of the water-infrastructure sector, a positioning that reflects its long involvement in dams, hydropower, hydraulic structures, and water systems. The modern group emerged from a consolidation process in the Italian construction industry. Impregilo expanded through the 1994 combination of Cogefar-Impresit, Girola, and Lodigiani. It later developed relationships and acquisitions involving Fisia and Todini. Beginning in 2011, the privately held Salini group built a strategic position in Impregilo, eventually obtaining shareholder support to replace the target's board and pursue control. A tender offer and subsequent integration created Salini Impregilo in 2014. The group then broadened its international reach through the 2016 acquisition of Lane Industries in the United States, a majority investment in Cossi Costruzioni announced in 2019, and the 2020 acquisition of a 65% interest in Astaldi. The Webuild name was introduced in May 2020 as part of a broader effort to present the business as an international infrastructure platform rather than solely as a traditional Italian contractor. In 2022, the company announced a proposed acquisition of a majority interest in Australia's Clough Group, subject to due diligence. Webuild remains listed on Borsa Italiana and is led by chief executive Pietro Salini. Its competitive proposition centers on technical expertise, project scale, international execution capability, and participation in infrastructure programs involving mobility, water, energy transition, and urban development.

Webuild's corporate history combines the development of Impregilo with the expansion of the Salini construction group. Impregilo was established in 1960 and later grew through a 1994 merger involving Cogefar-Impresit, Girola, and Lodigiani. This consolidation created a larger Italian contractor with capabilities in major civil works and infrastructure. In 1998, Impregilo established a business relationship with Fisia, and in 2010 it acquired Todini. These steps added to the group's construction and infrastructure activities. A more decisive change began in 2011, when the privately held Salini group started acquiring shares in Impregilo. Salini reached a 25% position the following year, leading to a contested effort to obtain control. The campaign has been described as Italy's first proxy fight for control of a company. Although some investors opposed the move, Salini secured sufficient shareholder support at a July 2012 meeting to replace Impregilo's board with its own candidates. The new board then approved an offer for the remaining shares, and Pietro Salini became chief executive. Salini launched a tender offer for the remaining ordinary shares in 2013. The transaction was completed in January 2014, when Salini was incorporated into Impregilo and the resulting group became Salini Impregilo. The new company combined Salini's private construction heritage with Impregilo's established portfolio and international contracting platform. The group continued expanding geographically and operationally. In 2016 it acquired Lane Industries, a Connecticut-based company, increasing its presence in the United States. In 2019 it announced the acquisition of a majority interest in Cossi Costruzioni. In May 2020, Salini Impregilo changed its name to Webuild. The rebrand emphasized the group's international identity and its role in delivering infrastructure rather than focusing on the legacy names of its predecessor companies. In November 2020, Webuild acquired a 65% shareholding in Astaldi. The transaction further consolidated the Italian infrastructure sector and added Astaldi's project capabilities to Webuild's portfolio. In November 2022, Webuild announced that it intended, subject to due diligence, to acquire the Australian-based Clough Group. Today, Webuild operates in more than 50 countries across Africa, the Americas, Asia, Europe, and Oceania. Its work spans clean hydro energy, clean water, sustainable mobility, and green buildings. The group has experience in dams, hydropower, hydraulic systems, ports, roads, motorways, railways, metros, tunnels, airports, hospitals, public and industrial buildings, waste-to-energy facilities, and environmental protection initiatives. It is listed on Borsa Italiana and is headed by Pietro Salini.

• 2022

  Clough acquisition proposal announced

  [1]Webuilden.wikipedia.org

  Webuild announces a proposed acquisition of the Australian Clough Group, subject to due diligence.

• 2020

  Webuild brand introduced

  [1]Webuilden.wikipedia.org

  Salini Impregilo adopts the Webuild name.

• 2020

  Astaldi stake acquired

  [1]Webuilden.wikipedia.org

  Webuild acquires 65% of Astaldi.

• 2019

  Cossi Costruzioni majority stake announced

  [1]Webuilden.wikipedia.org

  Salini Impregilo announces the acquisition of a majority stake in Cossi Costruzioni.

• 2016

  Lane Industries is acquired

  [1]Webuilden.wikipedia.org

  The group acquires the Connecticut-based Lane Industries.

• 2014

  Salini Impregilo is formed

  [1]Webuilden.wikipedia.org

  The merger by incorporation of Salini into Impregilo is completed.

• 2012

  Salini gains control of Impregilo

  [1]Webuilden.wikipedia.org

  After a contested shareholder campaign, Salini obtains support to replace Impregilo's board and pursue control.

• 2011

  Salini begins acquiring Impregilo shares

  [1]Webuilden.wikipedia.org

  The privately held Salini group begins building a strategic position in Impregilo.

• 1994

  Major Impregilo merger

  [1]Webuilden.wikipedia.org

  Impregilo expands through a merger with Cogefar-Impresit, Girola, and Lodigiani.

• 1960

  Impregilo is founded

  [1]Webuilden.wikipedia.org

  Impregilo is established and begins the corporate history that later forms part of Webuild's operating heritage.

A global engineering and general-contractor group specializing in complex, capital-intensive infrastructure, with particular strength in water, hydropower, mobility, and large civil-engineering projects.

• Hydropower and energy infrastructure

  Clean Hydro Energy

  Webuild's clean hydro energy activities include the construction of dams, hydroelectric plants, hydraulic structures, and related civil works. These projects require large-scale excavation, concrete construction, water management, underground works, and long-term coordination with public authorities and energy operators.

• Water infrastructure

  Clean Water

  The clean water business covers water-supply systems, hydraulic infrastructure, reservoirs, treatment-related civil works, and other projects intended to support water security and resource management. Water infrastructure is a central part of Webuild's international engineering profile.

• Transport infrastructure

  Sustainable Mobility

  Sustainable mobility projects include railways, metro systems, tunnels, underground works, roads, motorways, bridges, viaducts, and related transport infrastructure. The work combines civil engineering, structures, excavation, systems integration, and complex construction management.

• Buildings and environmental construction

  Green Buildings

  Green Buildings encompasses airports, hospitals, public and industrial buildings, environmental works, and civil engineering for waste-to-energy facilities. The category reflects Webuild's participation in built-environment projects alongside its traditional infrastructure businesses.

• 2022

  Proposed Clough acquisitionM&A

  Background

  Webuild pursued further international expansion through a potential transaction involving an Australian construction company.

  Action taken

  Webuild announced that, subject to due diligence, it intended to acquire Clough Group.

  Aftermath

  The transaction has not yet been completed, but it reflects Webuild's expansion ambitions.

  Source

• 2020

  Rebranding as WebuildStrategy

  Background

  The group sought to present a unified international identity after years of corporate consolidation and geographic expansion.

  Action taken

  Salini Impregilo adopted Webuild as its corporate and market-facing name.

  Aftermath

  The Webuild brand became the identity of the enlarged infrastructure group.

  Source

• 2020

  Astaldi stake acquisitionM&A

  Background

  Webuild continued its consolidation strategy in the infrastructure and construction sector.

  Action taken

  Webuild acquired a 65% shareholding in Astaldi.

  Aftermath

  Astaldi became part of Webuild's expanded project and construction platform.

  Source

• 2014

  Formation of Salini ImpregiloM&A

  Background

  Salini and Impregilo were combined to create a larger Italian engineering and construction group.

  Action taken

  Salini was merged by incorporation into Impregilo.

  Aftermath

  The combined group operated as Salini Impregilo and became the predecessor of Webuild.

  Source

• 2013

  Tender offer for ImpregiloM&A

  Background

  After building a substantial stake and obtaining board-level control, Salini sought to complete its acquisition of Impregilo.

  Action taken

  Salini launched a tender offer for Impregilo's remaining ordinary shares.

  Aftermath

  The transaction was completed in January 2014 and resulted in the formation of Salini Impregilo.

  Source

• Unconfirmed

  Reported2020.11.06

  Webuild completes acquisition of Astaldi[3]Webuild完成对Astaldi的收购khl.com

  Webuild completed its acquisition of fellow construction company Astaldi for €225 million and now owns around 65% of it.

Read more

1. 1Webuilden.wikipedia.org
2. 2Webuild official websitewebuildgroup.com
3. 3Webuild完成对Astaldi的收购khl.com