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Vinci completes airports acquisition

Belfast airport

Vinci Airports has received the green light from regulators to complete the purchase of eight airports announced earlier this year.

The French group snapped up airports in the UK, Europe, the US and Costa Rica, expanding its portfolio to a total of 44 airports in 11 countries.

Included in the deal is are 100% stakes in Belfast International Airport and Orlando-Sanford International in Florida. The business also has a 90.1% stake in Skavsta Airport in Sweden; and a 45% stake in Daniel Oduber Quiros International Airport in Liberia.

All of the airports were previously part of the Airports Worldwide portfolio, owned by the Ontario Municipal Employees Retirement System.

The deal also includes four full management contracts covering Hollywood Burbank Airport in California, Macon Downtown Airport and Middle Georgia Regional Airport in Georgia, and Ontario International Airport in Canada.

However, Vinci was unable to secure its intended stake in Juan Santamaria International Airport in Costa Rica, which instead has gone to the airport’s Brazilian co-owner CCR Group.

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