The airports serve over 10.8 million passengers annually and contribute £2bn ($2.54bn) to the UK economy each year.

The parent company of Aberdeen, Glasgow and Southampton airports is being sold in a deal worth more than £1.53 billion ($2 billion). Airport management company AviAlliance has agreed to buy AGS Airports from Spanish infrastructure group Ferrovial and joint venture partner Macquarie.

Airport investor and operator AviAlliance has acquired Aberdeen, Glasgow and Southampton (AGS) Airports from Ferrovial and Macquarie for an enterprise value of £1.53bn (US$1.9bn). The transaction is s

AviAlliance is to acquire AGS Airports which operates Aberdeen, Glasgow and Southampton airports for £1.53 billion. The private airport investor announced the acquisition of the airports’ operator from current owners Ferrovial and Macquarie in a deal which, subject to regulatory approvals, is expected to complete in the first quarter of 2025.

Macquarie Asset Management, through its European Infrastructure Fund 4 fund, together with Ferrovial, are selling AGS Airports to AviAlliance in a deal that values the business at £1.53bn (€1.8bn) including debt.

Spanish construction giant Ferrovial and joint venture partner Macquarie agreed to sell AGS Airports to AviAlliance for £900 million, while the buyer will also take on £653 million in debts.

AviAlliance - which is owned by a Canadian pension investor - has agreed to purchase AGS Airports.

AGS Airports, the operator of Glasgow Airport, has been bought over by AviAlliance, announced today (November 13, 2024)