Aéroports de Paris SA: Groupe ADP announces the signing of an agreement by TAV Airports for the acquisition of Almaty airpor...
08 Mai 2020 - 8:00AM
Aéroports de Paris SA: Groupe ADP announces the signing of an
agreement by TAV Airports for the acquisition of Almaty airport
PRESS RELEASE
8 May 2020
Groupe ADP announces the signing of a
Share Purchase Agreement by TAV Airports for the acquisition of
Almaty International Airport in Kazakhstan
The consortium formed by TAV Airports (of which
Groupe ADP owns 46.12% of the capital) and VPE Capital has
signed on May 7, 2020 a Share Purchase Agreement to acquire 100% of
the shares of Almaty Airport and the associated jet fuel and
catering businesses for an Enterprise Value of
$415 million.
TAV Airports’ share in the consortium will not
be less than 75% and the share transfers will take place upon
closing, which should occur during the upcoming months, after the
completion of all legal prerequisites and procedures. The asset
will be fully consolidated into TAV Airports' accounts.
The airport of Almaty, Kazakhstan's economic
capital, is the biggest airport in Central Asia: it welcomed
approximately 6.4 million passengers in 2019, around half of which
were from international routes. Kazakhstan, the biggest landlocked
country in the world with 2.7 million square km, is the driver of
economic growth in the region, and stands for 60% of Central Asia's
GDP.
Investor Relations: Audrey Arnoux, Head
of Investor Relations +33 6 61 27 07 39 - invest@adp.fr
Press contact: Lola Bourget, Head of Medias and Reputation
Department +33 1 74 25 23 23Groupe ADP develops and
manages airports, including Paris-Charles de Gaulle, Paris-Orly and
Paris-Le Bourget. In 2019, the group handled through its brand
Paris Aéroport more than 108 million passengers and 2.2 million
metric tons of freight and mail at Paris-Charles de Gaulle and
Paris-Orly, and more than 110 million passengers in airports
abroad. Boasting an exceptional geographic location and a major
catchment area, the Group is pursuing its strategy of adapting and
modernizing its terminal facilities and upgrading quality of
services; the group also intends to develop its retail and real
estate businesses. In 2019, group revenue stood at €4,700 million
and net income at €588 million. Registered office: 1, rue de
France, 93 290 Tremblay-en-France. Aéroports de Paris is a public
limited company (Société Anonyme) with share capital of
€296,881,806. Registered in the Bobigny Trade and Company Register
under no. 552 016 628.
groupeadp.fr
- Aéroports de Paris SA - Groupe ADP announces the signing of an
agreement by TAV Airports for the acquisition of Almaty
airport
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