Vinci completes acquisition of Kansai and Osaka airports

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French concessions firm Vinci has completed the acquisition of Kansai and Osaka International airports in Japan today (April 1) in a deal worth approximately €2.1bn (US$2.4bn).

Vinci Airports, a subsidiary of the Vinci group, will take responsibility for operating the two airports for a concession period of 44 years. Vinci and Japanese financial services firm ORIX will each hold a 40% stake of the concession, with the remaining 20% belonging to a number of minority stakeholders.

The acquisition means that Vinci’s portfolio of 34 airports globally now serves more than 100 million passengers annually, making it one of the top five operators in the world.

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Helen has worked for UKi Media & Events for nearly a decade. She joined the company as assistant editor on Passenger Terminal World and since progressed to become editor of five publications, covering everything from aviation, logistics and e-commerce to meteorology. She has a love for travel and property and has redeveloped three houses in three years. When she’s not editing magazines, she’s running around after her two boys and their partner in crime, Pete the pug.

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