Fortis buys airport
Anka Acquisition Limited (“Anka”) has announced the acquisition of George Best Belfast City
Airport (“BCA”) from Ferrovial Aeropuertos, S.A., a subsidiary of Ferrovial Infraestructuras,
S.A., which is in turn a subsidiary of Grupo Ferrovial , S.A.
Anka is owned by the AA Global Infrastructure Fund (“AAGIF”), which is managed by ABN
AMRO Infrastructure Capital Management Ltd (“AAICM”), a wholly-owned subsidiary of Fortis
Investments.
Separately, Faros Infrastructure Partners LLC (“Faros”), an investment group focused on the
aviation and transport infrastructure industry, has an option to acquire a minority stake in Anka in
the future.
Hans Meissner, CEO of AAICM, said: “We are delighted to complete this acquisition as we view
George Best BCA as an outstanding business that plays an important role for the community of
Belfast and the surrounding areas. We look forward to building upon BCA's past successes and
growing in concert with the local community”.
Mr. Meissner added: “AAGIF, in line with its other investments and overall investment
philosophy, sees George Best BCA as a long-term investment opportunity. Through Anka,
George Best BCA will be supported in order to ensure that it continues to offer high-quality
services in the best interests of BCA’s airlines, customers and employees and the local
community.”
Jaime Guillen, a Partner of Faros, said: “We are very pleased to have reached agreement on this
important acquisition, which is consistent with Faros’ investment strategy and experience in the
aviation sector. We are also looking forward to working co-operatively to ensure that George Best
BCA continues to play a vital role in the continued growth and prosperity of Belfast and Northern
Ireland.”
Anka was advised by RBC Capital Markets, while Lovells provided legal advice. Faros
Infrastructure Partners LLC provided specialist transport and aviation-related advice.
Debt financing for the acquisition is being arranged by HSH Nordbank.
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