Ancala Partners LLP (Ancala), the independent infrastructure investment manager, has completed the acquisition of a 45% interest in Liverpool John Lennon Airport (LJLA) for an undisclosed sum on behalf of its funds.
Ancala has purchased 35% of the airport from Peel Group (‘Peel’), one of the UK’s leading private real estate investment and infrastructure companies, and 10% from Liverpool City Council (LCC). Peel and LCC retain 45% and 10% interests respectively.
Liverpool John Lennon is the UK’s 12th busiest airport, serving over 5 million passengers in 2018. In July 2019, LJLA was awarded the UK’s only five-star airport rating for flight punctuality, underlining its reputation as one of the UK’s best airports for efficiency, ease of use and quality of customer experience.
In March 2018, LJLA announced its Strategic Vision to 2030, which included plans to serve more destinations and to increase passenger numbers to 8m a year. It included an expansion of the terminal building; additional car parking and passenger facilities, including hotels, retail, food and drink services.
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