The story
Corporación Financiera Alba has its origins in Cementos Alba, a Spanish cement company controlled by the March Group, which began manufacturing cement in the 1950s. In 1986, Hornos Ibéricos, also a cement company whose majority shareholder was the Holderbank group (now Holcim Ltd), acquired its cement plants and concrete subsidiaries.
As a result of the sale of these industrial assets, Cementos Alba changed its name to Corporación Financiera Alba and used the proceeds from the divestment to become a financial holding company with a diversified portfolio of holdings in industrial and service companies.
Some of Corporación Financiera Alba's most representative investments, excluding the current ones, have been:
Airtel, later Vodafone
Banco Urquijo
Carrefour
Cerveza San Miguel
Ginés Navarro, later ACS
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Uralita Group
Pryca hypermarkets
Media Planning Group, later Havas
Simago
PRISA TV
From Wikipedia’s article on Corporación Financiera Alba, shared under CC BY-SA 4.0.5