Eduardo Eurnekian

Jueves, febrero 27th, 2014

Corporación América acquires majority stakes in Florence airport


It is the second airport terminal of the Tuscan region on which the Argentine holding landed within a 40-day period: on January 21 Corporación América had been awarded the control of the airport of Pisa. 

Corporación América bought 33.4% of the capital stock of Aeroporto di Firenze (ADF), the partnership that operates the Peretola airport in Florence. The operation was announced today to Italy’s Stock Exchange by the selling group and its closing is scheduled for March 4.

With this acquisition, in addition to the purchase of 23.4% stake of SAT (controlling partnership of the Pisa terminal), the holding run by Eduardo Eurnekian made a foothold in the two main airports of the Tuscan region, integrating them in a “Tuscan airport system”.

After a meeting held in Rome with Corporación América’s president, Eduardo Eurnekian, and the president of the Tuscan region, Enrico Rossi, the Italian official referred to the acquisition in the following terms: “It is another positive example of how attractive the region is to private investment”, also highlighting that Corporación América “is an industrial investor specialized in the airport system management, determined to bet on Tuscany”, and with the solid objective of building, straight away, “an integrated airport pole between Pisa and Florence, that will take it to the best level nationwide”.

Tuscany is one of Europe’s main tourist destinations. It is predicted that the Pisa-Florence airport system will work in synergy with the neighboring port of Livorno, whose expansion and upgrading to welcome large passenger cruise ships has been planned by the Tuscan Region Government.

Upon entering the Florence airport, Corporación América will be operating 52 airports, turning into the world’s largest airport operator in terms of number of terminals managed.


Buenos Aires, 27 February, 2014

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