VINCI selected to acquire ANA, the Portuguese airport concession company: a strategic move in airport concessions

  VINCI selected to acquire ANA, the Portuguese airport concession company: a
  strategic move in airport concessions

Business Wire

RUEIL MALMAISON, France -- December 27, 2012

Regulatory News:

VINCI Concessions (Paris:DG)has been selected by the Portuguese government to
acquire ANA, the concession holder for 50 years of the country’s 10 airports:
Lisbon, Porto, Faro and Beja on the mainland; Ponta Delgada, Horta, Flores and
Sainta Maria in the Azores; and Funchal and Porto Santo in Madeira.

ANA constitutes a group of high quality airports that in 2012 handled 30
million passengers, mostly international. Passenger numbers have increased at
an annual average of over 4% over the past 10 years. The Lisbon hub offers a
major advantage due to its strategic position vis-à-vis high growth
destinations (Brazil, Portuguese-speaking Africa – Angola, Mozambique). ANA’s
activities include management of the airport facilities, commercial
activities, ground handling services, safety and security and passenger
assistance services.

Through the acquisition of ANA, VINCI Airports, a VINCI Concessions
subsidiary, will become a significant international player in airport
concessions, with 23 airports managed in Portugal, France and Cambodia. These
airports handle 40 million passengers a year, including a European hub with
over 15 million passengers. VINCI Airports will have revenue of more than €600
million and EBITDA of around €270 million.

VINCI is already present in infrastructure concessions in Portugal, with a 37%
holding in Lusoponte, which manages the 25 April and Vasco da Gama bridges
over the Tagus estuary in Lisbon, as well as through its Portuguese operations
in engineering and electrical works (Sotecnica and Cegelec).

The transfer contract is scheduled to be signed during the month of January
2013, and the transaction will be submitted for the approval of the
appropriate anti-trust authorities.

Contact:

Maxence Naouri, +33 (0)1 47 16 31 82
maxence.naouri@vinci.com
 
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