Vallalba Group: A Diverse Construction and Renewable Energy Portfolio Across Spain

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Vallalba Group is a holding company that brings together its diverse businesses under a single umbrella. The Martínez Berna brothers oversee CHM Construcción, the core company within the group, which has handled a portfolio of works that shaped its regional footprint. The group’s fiscal data show a robust year, with CHM and its associated firms reporting a strong order book and increased activity across multiple sectors.

The group’s members primarily operate in construction and related services. Ongoing projects span seven autonomous communities, including the Valencian Community, the Region of Murcia, Andalusia, Castilla-La Mancha, Madrid, Catalonia, and the Balearic Islands. Performance last year faced headwinds from rising construction material costs and a limited impact from royal decrees revising pricing on public works, which tempered some public sector opportunities.

Among the notable investments, the group’s renewable energy ventures stood out. Mercadal Solar, a 20-megawatt photovoltaic park in Menorca, represented a significant project with a planned investment of 17.75 million euros and a completion milestone reached in April 2023. The engineering, procurement, and construction contractor for this EPC project was CHM, the parent entity in charge of the group’s operations. This demonstrates the group’s strategic shift toward sustainable energy alongside its traditional construction activities [Source: Vallalba Group communications].

In road and highway construction, CHM operates key projects such as a branch of the M-50 corridor in Madrid. The company also pursued the Almuñécar Market project within the public construction arena, reflecting its active role in mixed-use and civic infrastructure developments. These efforts illustrate a broad portfolio spanning scale-intensive transport projects and urban development initiatives.

One notable achievement involved CHM’s stewardship of protected area improvements, including the maintenance of a substantial network of roads and motorways in Girona. Private-sector construction across Spain remains prominent, with a diverse array of projects such as the Sakura Tower in Benidorm, alongside works in hydraulics, refining, and other infrastructure specialties. Projects include the Sigüenza treatment plant in Castilla-La Mancha, the new Alicante port terminal, and a storm-tank facility in Playa Honda, Cartagena, underscoring the group’s versatile capabilities across public and private sectors.

Ecological asphalt? CHM will transform its facilities to produce sustainable pavements

Within its broader strategy, CHM is pursuing modernization to support ecological pavements. Transformations aim to reduce environmental impact while maintaining performance standards, aligning with ongoing efforts to advance sustainable road construction practices across the portfolio.

75th anniversary

The Vallalba Group has roots dating back several decades, initially focusing on road and transport infrastructure before expanding into a wider set of services. This year marks the 75th anniversary of its activities, signaling long-standing expertise in infrastructure and building maintenance. The group now comprises 21 companies, with a core emphasis on construction and infrastructure maintenance, complemented by units in energy, concrete production, aggregates, urban services, real estate development, fuel sales, and machinery distribution. The family of companies includes CHM Obras e Infraestructuras, Padelsa Infraestructuras, Hormar XXI, CHM Arimed, Promotora Alicantina de Urbanización y Construction, Industrial Management of Services, Los Martínez Service Station, Levantina International Distribution, Agora Suites, Vallalba Real Estate, Plesmar, SPV Pancrudo Solar, SPV Torrente de Cinca Solar, ES Mercadal Solar, SPV Ibi Parque Solar, SPV Albatera Parque Solar, Vallalba Renovables, Adisema World, Licmar Obras y Servicios, Parque Mariola and Urbanizadora Pau5. These entities collectively drive construction, maintenance, energy generation, and related services across Spain, with a strong footprint in the Valencian Community and neighboring regions. [Source: Vallalba Group corporate overview].

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