- Companies
- FCC Medio Ambiente
FCC Medio Ambiente Valuation, Funding & Investors
FCC Medio Ambiente is valued at $4.4B as of October 2025.
Last FCC Medio Ambiente valuation
$4.4B
Undisclosed stage · Oct 2025
Last FCC Medio Ambiente funding round
$1.2B
Undisclosed stage · Oct 2025
Cumulative funding FCC Medio Ambiente raised
$2.2B
across 2 funding rounds
Key investors in FCC Medio Ambiente
CPP Investments
About FCC Medio Ambiente
FCC Medio Ambiente is a Madrid-headquartered waste management operator serving Spain, Portugal, and other European markets. The company manages urban cleaning, wastewater treatment, and recycling facilities processing municipal and industrial refuse.
Founded
1911
HQ
Website
Status
Privately held
Customer focus
B2B & B2G
Revenue model
Services
Valuation
$4.4B (Oct 2025)
FCC Medio Ambiente Valuation
FCC Medio Ambiente is currently valued at $4.4B, based on its undisclosed-stage round in October 2025.
The $1.2B round was led by CPP Investments.
FCC Medio Ambiente's valuation has grown 1.0x from $4.2B at its undisclosed-stage round in June 2023 to $4.4B in October 2025, across 2 priced rounds.
FCC Medio Ambiente valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Oct 2025 | Undisclosed stage | $4.4B |
| Jun 2023 | Undisclosed stage | $4.2B |
FCC Medio Ambiente Funding History
FCC Medio Ambiente has raised a total of $2.2B across 2 funding rounds.
FCC Medio Ambiente's first fundraising round was a $1.1B undisclosed-stage round in June 2023. The most recent completed round was a $1.2B undisclosed-stage round in October 2025.
FCC Medio Ambiente funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2025 | Undisclosed stage | CPP Investments (lead) | $1.2B | $4.4B | FCC Medio Ambiente, operating as FCC Enviro, is the environmental services division of FCC Group, providing vertically integrated waste management services including collection, treatment, recycling, recovery, and disposal across 12 countries to over 78 million people. On October 9, 2025, CPP Investments agreed to acquire an additional 25% stake in FCC Servicios Medio Ambiente Holding, S.A.U. (FCC Enviro) from FCC for €1.0 billion, increasing its ownership to 49.99% while FCC retains 50.01% control. The transaction closed on December 19, 2025. FCC Group's turnover reached €9,700.1 million in the 2025 business year, up 6.9% year-over-year, driven by acquisitions including in the UK. The company rebranded its environmental services area to FCC Enviro in 2025 to reflect its global footprint across platforms like FCC Medio Ambiente (Spain/Portugal), FCC Environment (UK), and others in CEE and USA. Profit attributable to the parent fell 62% to €164.4 million due to factors like the spin-off of cement and real estate units, exchange rates, and provisions. Funds from the stake sale support FCC Group's strategic opportunities. CPP Investments' deeper commitment aligns with circular economy trends, building on FCC Enviro's strong performance since the initial 2023 investment, including four strategic acquisitions. |
| Jun 2023 | Undisclosed stage | CPP Investments (lead) | $1.1B | $4.2B | FCC Medio Ambiente, the environmental services division of Fomento de Construcciones y Contratas (FCC), is a leading waste management operator in Iberia, the U.K., Central Europe, and with growing presence in the U.S., focusing on recycling, energy recovery, and circular economy initiatives. In June 2023, CPP Investments agreed to acquire a 24.99% stake in FCC Servicios Medio Ambiente Holding, S.A.U. (FCC Enviro) for €965 million (C$1,438 million), providing CPP access to the global circular economy trend. The transaction closed in October 2023, subject to regulatory approvals. FCC Medio Ambiente serves over 78 million people across 12 countries, operating across the waste value chain including collections, treatment, recycling, recovery, and disposal. Post-investment, it pursued growth through acquisitions like Urbaser Group's UK business (enterprise value £398 million, expected close Q2 2024) and expansions in the U.S., such as a California recycling center and Florida waste collection contract worth €140 million over five years. No specific revenue, ARR, or EBITDA figures for FCC Medio Ambiente near the round date are provided in sources. In 2025, CPP Investments increased its stake to 49.99% for an additional €1.0 billion, with FCC retaining 50.01%, reflecting strong performance since the initial 2023 investment, including four strategic acquisitions. |
Who has invested in FCC Medio Ambiente?
1 investor has backed FCC Medio Ambiente across its funding rounds, including CPP Investments.
Lead investors include CPP Investments.
FCC Medio Ambiente Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialFCC Medio Ambiente Competitors
FCC Medio Ambiente competitors include listed companies like Cleanaway, CECO Environmental, GEM and Weiming Group, and private ones like Redwood Materials and Shenzhen Energy Environmental Protection Co..
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $3.1B | $520M | $4.3B | 2.1x | ||
| Publicly listed | $774M | $129M | $4.1B | 4.1x | ||
| Publicly listed | $5.5B | $825M | $4.7B | 1.3x | ||
| Publicly listed | $930M | $518M | $4.1B | 4.8x | ||
| Private | $200M | - | $6B | 30.0x | ||
| Private | - | - | $2.2B | - |
FCC Medio Ambiente Public Comps
FCC Medio Ambiente is still privately-owned, but its public comps include Cleanaway, CECO Environmental, GEM, Weiming Group, China Everbright, Zijin Longking, Kurita Water, Organo, Casella and Grupo FCC.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $3.1B | $520M | 1.9x | 2.1x | 11.3x | 9.1x | |||
| $774M | $129M | 6.3x | 4.1x | 37.8x | 26.9x | |||
| $5.5B | $825M | 1.6x | 1.3x | 11.0x | 9.8x | |||
| $930M | $518M | 5.5x | 4.8x | 10.0x | 9.2x | |||
| $3.5B | $1.3B | 4.8x | 4.7x | 13.0x | 12.3x | |||
| $1.8B | $276M | 2.4x | 2.2x | 15.7x | 13.1x | |||
| $2.6B | $602M | 2.1x | 2.0x | 9.1x | 9.1x | |||
| $1.1B | $259M | 2.8x | 2.7x | 12.5x | 12.1x | |||
This data is available for Pro users. Sign up to see all FCC Medio Ambiente competitors and their valuation data. Start Free Trial | ||||||||
Common questions about FCC Medio Ambiente
| When was FCC Medio Ambiente founded? | FCC Medio Ambiente was founded in 1911. |
| Where is FCC Medio Ambiente headquartered? | FCC Medio Ambiente is headquartered in Madrid, Spain. |
| Is FCC Medio Ambiente publicly listed? | No, FCC Medio Ambiente is a private, VC-backed company. |
| What is FCC Medio Ambiente's valuation? | FCC Medio Ambiente was last valued at $4.4B in its undisclosed-stage round in October 2025. |
| How much funding has FCC Medio Ambiente raised? | FCC Medio Ambiente has raised $2.2B across 2 funding rounds. |
| What was FCC Medio Ambiente's last funding round? | FCC Medio Ambiente's last funding round was a $1.2B undisclosed-stage round in October 2025, led by CPP Investments. |
| Who are FCC Medio Ambiente's investors? | FCC Medio Ambiente's investors include CPP Investments. |
| Which companies are comparable to FCC Medio Ambiente? | Companies comparable to FCC Medio Ambiente include Cleanaway, CECO Environmental, GEM, Weiming Group, Redwood Materials and Shenzhen Energy Environmental Protection Co.. |
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