Announced
Completed
Financials
Sources
Tags
Friendly
Single Bidder
Cross Border
Airports
airport operator
Mexico
Minority
Acquisition
Private
Private Equity
Completed
Synopsis
Vinci, a global player in concessions, energy and construction businesses, completed the acquisition of a 29.99% stake in Grupo Aeroportuario del Centro Norte, a Mexican airport operator, from Fintech Advisory, an investment advisory firm, for $815m. After the financial closing, expected to be completed by the end of 2022, VINCI Airports’ network will include more than 70 airports in 13 countries. Following the recent acquisitions of airports in Brazil and Cape Verde, with this new transaction the business line confirms the continuation of its international expansion strategy and further consolidates its position as the world’s leading private airport operator.
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