Travers Smith has advised management on the sale of a 50.01% stake in Edinburgh Airport for £1.27 billion to VINCI Airports, a VINCI Concessions subsidiary.
The Travers Smith team on this transaction was led by our Corporate and Infrastructure M&A Partner Jonathan Walters, supported by Associate Gareth Atkins.
With traffic of 14.4 million passengers in 2023, the airport is Scotland's largest and the sixth largest in the UK. The transaction is expected to complete in Summer 2024, following regulatory approvals.
The remaining 49.99% stake will be managed by Global Infrastructure Partners (GIP), which has owned the airport since 2012.
