Javier Hidalgo increases his participation in Globalia to 17%

Javier Hidalgo increases his participation in Globalia to 17%

The CEO of Globalia, Javier Hidalgo, has increased its share capital in the company to 17%, after acquiring an additional 7% from Unicaja, as reported by the tourism group in a statement.

The company explained that this change in ownership of Hidalgo in Globalia occurs after the formalization of an agreement "between the second shareholder and Unicaja", a financial entity to which it has purchased 7% of the capital it held in Globalia.

This operation by the CEO of the tourism group adds to the one that Hidalgo made in July last year, through which he returned to the shareholding of the firm when he acquired 10% of the shares of the same Bank property. Santander e Inversiones Tirema.

The operation also involved the exit of Banco Santander from the shareholding of the tourism group. The bank chaired by Ana Botín controlled 9.9% of Globalia, an interest inherited from Banco Popular after its acquisition.

The tourism firm has highlighted that both the purchase operation of 10% in July last year and the 7% now "support the firm commitment expressed by Javier Hidalgo to reposition Globalia as a benchmark in the tourism sector. "

The company has highlighted that the consolidation of the group provides, in good part, the process of transformation in which the Globalia group is immersed, with Javier Hidalgo as CEO for two years.

Second highest shareholder

Javier Hidalgo became in July 2018 the second largest shareholder of Globalia, behind his father Juan José Hidalgo, the businessman from Salamanca who founded the tourism group and of which he is currently president, which controls 51%.

After taking this participation, Javier Hidalgo controls 17%, after returning to the shareholding of the tourism group after five years out, when in 2013 it sold its 5% stake to the businessman and former Balearic minister Abel Matutes.


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