Table of Contents:
Ardian and the acquisition of FGP TopCo Ltd
Ardian, a leading investment firm in private markets, recently completed the acquisition of a 22.6% stake in FGP TopCo Ltd, the holding company of Heathrow Airport Holdings Ltd. This transaction was carried out by Ferrovial SE and other TopCo shareholders, marking an important step for Ardian in the airport sector. With this acquisition, Ardian not only expands its portfolio, but also strengthens its presence in a strategic market such as the European airport
market.
The role of Saudi Arabia’s sovereign wealth fund
In a context of significant investments, Saudi Arabia’s sovereign wealth fund, PIF, simultaneously acquired 15% of TopCo from the same shareholders. This move highlights the growing interest of global investors in the infrastructure sector, in particular airports, which represent a fundamental asset for connectivity and economic development. The synergy between Ardian and PIF could lead to new opportunities for growth and innovation in
the sector.
Ardian’s experience in airport management
Ardian has significant experience managing European airports, as demonstrated by its shareholding in 49% of London Luton Airport. Under his ownership, the airport has undergone a major redevelopment, with investments in infrastructure and services, carried out in collaboration with Luton Borough Council. This experience will be crucial for Ardian in the management and development of FGP TopCo, helping to improve operational efficiency and the
passenger experience.
Investments in Italy
In Italy, Ardian is an indirect shareholder of the Milan Linate, Milan Malpensa, Naples and Turin airports. These investments demonstrate Ardian’s commitment to the Italian airport sector, collaborating with regions and municipalities to improve the infrastructure and services offered. Ardian’s presence at these airports represents an opportunity to further develop the Italian air transport market, encouraging economic growth and tourism
.
