The story
Founded by Manuel Jove in 1980.1
Fadesa was established on 24 July 1980 by Manuel Jove as Edificaciones Coruñesas, S.A. On the 31 October 1997, Edificaciones Coruñesas bought Urbanizador Inmobiliaria Fadese, S.A.U., Indelar S.A.U., and Coditecsa, S.L.U. adopting the corporate name of one of these companies - Urbanizadora Inmobiliaria Fadese, S.A. (Fadesa).
On 23 April 1999 Urbanizadora Inmobiliaria Fadese changed their name to Fadesa Inmobiliaria, S.A. That year the company reported sales of 135 million euros and profits of 13.7 million, becoming the 5th largest developer of Spain, below bank-owned Urbis, Metrovacesa or Colonial, but above private competitors Prasa, Procisa and Barada.
On 30 April 2004 at the height of the Spanish property bubble, Fadesa floated 33% of its capital on the Madrid Stock Exchange with the company valued between 1.2 and 1.4 billion euros.
In 2006, year before Martinsa's takeover, Fadesa reported sales of 1.3 billion euros, an EBITDA of 360 million and a profit after tax of 230 million euros.
From Wikipedia’s article on Fadesa, shared under CC BY-SA 4.0.3