Groupe ADP or Aéroports de Paris, a French airport authority, has announced the completion of the sale of its 4.3% (approximately 3.2% net of taxes) equity interest in Mexican Airport Operator Grupo Aeroportuario del Centro Norte (OMA) through an international private placement, after having converted its SETA shares in OMA's B shares.
Servicios de Tecnología Aeroportuaria (SETA) is OMA's strategic partner, which is owned by Controladora de Operaciones de Infraestructura (CONOISA), subsiduary of ICA, Mexico's largest engineering and construction company.
SETA will remain OMA’s strategic partner. Upon completion of the transactions, CONOISA will be the sole shareholder of SETA, which in turn will hold 12.4% of OMA, all in the form of BB shares. SETA will continue to exercise its rights as OMA’s strategic partner, as at present. In addition, CONOISA owns 1.9% of OMA’s B shares directly.
Following this transaction, Groupe ADP is no longer shareholder of OMA or in SETA.
Groupe ADP has been extremely pleased with its strategic partnership with OMA through its joint-venture SETA with ICA since 2000. Groupe ADP, ICA and SETA are willing to maintain a relationship, through which Groupe ADP will continue to provide technical and operational advisory to SETA under appropriate service arrangements, including participation on behalf of SETA on OMA’s Board of Directors until the next Annual Shareholders’ Meeting.
OMA has concessions to operate, manage and develop 13 international airports in Mexico's north and central regions. Its airports serve one of Mexico's principal metropolitan areas (Monterrey), which is the fourth busiest airport in the country; tourist destinations (Acapulco, Mazatlán, and Zihuatanejo); regional centers (Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas); and border cities (Ciudad Juárez and Reynosa). During 2013 OMA served more than 13 million passengers through its13 airports.