Abertis completes sale of stake in Grupo aeroportuario del Pacifico gap
Abertis, through its fully owned subsidiary Desarrollo de Concesiones Aeroportuarias, has closed the disposal of its full stake (33.33%) in Aeropuertos Mexicanos del Pacífico (AMP) to its Mexican partner Controladora Mexicana de Aeropuertos (CMA).
The transaction has been closed for a net amount of US$222 million.
The deal is the almost final step in the process of divestment of the airport business, which started in 2013 with the sale of the UK Cardiff airport, and continued with the disposal of the UK Belfast International and Stockholm Skavsta, Sweden, airports, as well as the USA Orlando Sanford airport terminal concessions and TBI's airport management business in the USA.
In November, Abertis completed the sale of its stake in Luton airport (United Kingdom).
Abertis' stake in AMP goes back to 2007, when a pack of airport assets was acquired along with Desarrollo de Concesiones Aeroportuarias (DCA). Grupo Aeroportuario Del Pacífico operates 12 airports in the Pacific region of Mexico. Including the following airports:
- Guadalajara and Tijuana serving the main metropolitan areas.
- Mexicali, Hermosillo, Los Mochis, Aguascalientes, Guanajuato and Morelia, serving médium-size cities.
- La Paz, Los Cabos, Puerto Vallarta and Manzanillo, serving main tourist destination.
Read more about the airport divestment process carried out by Abertis.
- Ashmore acquires Bogota's airport from Abertis Wednesday, February 5, 2014
- Abertis closes sale of Luton airport Friday, November 29, 2013
- Abertis to sell its stake in Mexican Airport operator Wednesday, August 28, 2013
- AENA acquires Cali airport stake from Abertis Monday, August 5, 2013
- AENA and AXA Private Equity acquire Luton airport from Abertis Thursday, August 1, 2013
- Abertis sells TBI Airports to ADC & HAS Airports Worldwide Monday, July 22, 2013
Country news
-
-
January 07, 2015
North American Development Bank finances desalination plant in Ensenada
The North American Development Bank (NADB) announced the disbursement of a loan totaling US$22 million ($320 million pesos) to GS Inima Environment, S.A. (a subsidiary of South Korean company GS Engineering & Construction) for the construction a 5.7-millon gallons a day (mgd) capacity desalination plant in Ensenada, Baja California. Read more -
January 07, 2015
Mexican water concession extended 30 years
Grupo Mexicano de Desarrollo (GMD) has announced that it has agreed extending the water service concession in the Mexican state of Quintana Roo for 30 more years. Read more -
January 13, 2015
North American development bank gets 3 billion capital infusion
The Board of Directors of the North American Development Bank (NADB) has announced the support of the governments of the United States and Mexico for a general capital increase of US$3 billion for NADB. Read more -
March 24, 2015
ICA announces new management structure
Empresas ICA has announced organizational and management changes to streamline operations, strengthen client focus, and improve the company's profitability and financial position. Read more -
March 30, 2015
Grupo Aeroportuario del Pacifico announces resignation of Investor Relations Officer
Grupo Aeroportuario del Pacífico (GAP) has announces that Miguel Aliaga Gargollo, GAP's current Institutional and Public Relations Officer, has presented his resignation. Read more
