BWA and Lagardere acquire Fortaleza stadium concession

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
BWA and Lagardere acquire Fortaleza stadium concession

LUArenas, a joint venture between BWA and Lagardère Unlimited, a French sports and media group, is to acquire the rights to operate the Fortaleza stadium concession.

The transaction was approved last week by the Conselho Gestor da Parceria Público-Privada (PPP), formed by the Casa Civil do Governo do Estado, Secretaria Especial da Copa 2014 (Secopa), Procuradoria Geral do Estado (PGE), Secretaria da Fazenda (Sefaz) and Secretaria da Infraestrutura do Ceará (Seinfra).

The deal, which will be signed in the next days, will not produce any alteration to the World Cup events. Fortaleza stadium will be a World Cup venue.

The concessionaire has a five-year exclusivity contract with the Ceará FC to use the stadium.

Currently the consortium that manages Fortaleza's Arena Castelão consists of Galvão Engenharia SA (93%), Serveng Civilsan SA (2%) and Information Technology BWA Ltda. (5%).

The PPP contract will finish in 2018.

BWA will offer its expertise in ticketing and access control, as well as its knowledge of the local sports market. LagardeÌ€re Unlimited will provide facility management and technical services, in addition to bringing various content, marketing and commercial support to the venue.

Alain Lemarchand, Head of Lagardère Unlimited Europe and Africa, stated:

Stadium management is a key element of our long-term strategy. We are very pleased and honoured to be partnering with BWA to boost the development of our strategy in this promising region.

Lagardère Unlimited thus continues to develop its international portfolio of stadiums under management. Through the expertise of its fully owned subsidiary Lagardère Unlimited Stadium Solutions (LUSS), the agency has become a leading player in the global development and management of stadiums and arenas, and is now expanding its footprint in Brazil.

List of country news

Country news

  • April 30, 2014

    Three bidders approved for Sau Paulo hospitals

    The state of São Paulo, through the Secretaria de Saúde, has announced that three bidders have been qualified and approved for two PPP contracts involving hospital projects in Sao Paulo. Read more
  • May 06, 2014

    Niteroi municipality plans PPP for urban rehabilitation

    The municipality of Niterói (Rio de Janeiro, Brazil) has announced that it plans to launch a tender process for a PPP urban project to rehabilitate the city center. Read more
  • May 06, 2014

    Rio seeks consultants for metro project

    The government of Rio de Janeiro has launched a tender process for consultants for the expansion of Rio's subway, in the stretch Gávea - Carioca. Read more
  • May 08, 2014

    Sao Paulo re-tenders Tamoios highway PPP

    Brazil's São Paulo state, through the state transportation agency of São Paulo (ARTESP), has re-launched  the tender process for the Rodovia dos Tamoios highway PPP project. Read more
  • May 21, 2014

    Sao Paulo re-launches tender for metro line PPP project

    Sao Paulo state transport agency, Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.