French airport operator Groupe ADP has signed a contract to acquire Airport International Group (AIG), the company responsible for operating Queen Alia International Airport in Amman, Jordan.
With the takeover, Groupe ADP, which has been a 9.5%-shareholder of AIG since 2007, will be able to fully consolidate the financial statements of the concessionaire company. The transaction, which is subject to approval from the Government of Jordan and consent from AIG’s lenders, will result in a US$267m investment from Groupe ADP.
Through its subsidiary ADP Ingénierie, Groupe ADP has also been awarded a series of contracts with major international airports for design, study, or technical assistance projects.
Predominantly focused in Asia and Africa, some of the major projects include technical assistance for a new passenger terminal at Adisutjipto International Airport, Indonesia; a feasibility study for the expansion of Tan Son Nhat International Airport in Vietnam; the creation of a blueprint for a new international airport in Francistown, Botswana; preliminary design work of the new passenger terminal at Jomo Kenyatta International Airport in Kenya; and undertaking studies linked to the extension of the passenger terminal Luxembourg International Airport, Luxembourg.
Gratien Maire, CEO of ADP Ingénierie, commented, “The recognition of our company’s 360° airport expertise, as well as our geographic proximity to clients following our recent reorganization, is already bearing fruit.”
