Independent journal on economy and transport policy
06:31 GMT+1
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a Chinese consortium will buy 49.99% of the society that manages the airport of Toulouse
the quota will be yielded for 308 million euros
March 20, 2015
The group public Chinese Shandong Hi Group Co. it makes shopping in Europe in the airport field. The government of the Province of Shandong in fact has approved of the acquisition by the Chinese consortium Symbiose constituted from the Shandong Hi Group Co. and from Friedmann Pacific Asset Management (group Fiedmann Pacific Investment Holdings Ltd. of Hong Kong) of 49.99% of the society Aéroport Toulouse-Blagnac that manages the French airport of Toulouse.
The Chinese consortium era it are chosen as purchaser of the share quota from the French State at the end last year. The airport society will remain of French public property as remaining 50.01% of the share capital will be stopped by the local authorities, the Industry and Chamber of Commerce of Toulouse and by the State.
The Chinese consortium will acquire 49.99% of Aéroport Toulouse-Blagnac for 308 million euros.
The Shandong Hi Group Co. one takes care of investments and activity financial institutions, of the planning, construction and management of highway infrastructures, bridges, railroads and ports let alone of marine transport and logistic activities.
In the 2013 airport of Toulouse it has enlivened a traffic of 7,6 million passengers (+0.1% on 2012). In the year Aéroport Toulouse-Blagnac it has recorded revenues for 117,4 million euros (+2.2%), an operating profit of 10,6 million euros (+15.5%) and a profit clearly of 5,3 million euros (+87.4%).
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