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VINCI acquires 20% shareholding in Budapest Airport Concession Company and becomes platform operator

PRIVATEJun 06, 2024

Acquiring Company

VINCI Energies

Acquired Company

Budapest Airport Concession Company

HungaryInformation TechnologyEnergyRenewable EnergyConstructionTransportationTravelTourism

Description

VINCI has signed an agreement to acquire a 20% shareholding in the Budapest airport concession company, reinforcing its network in Europe and consolidating its presence as a leading airport operator on the continent. As the platform operator, VINCI Airports will manage the platform and deploy its model to improve customer experience and support traffic growth through appropriate investment. An ambitious action plan will also be rolled out to achieve net zero emissions by 2030.

Quick answer

VINCI Energies is acquiring Budapest Airport Concession Company, announced June 6, 2024.

How much did VINCI Energies pay for Budapest Airport Concession Company?
The deal value was not disclosed.
What does VINCI Energies do?
VINCI Energies is a global player in concessions, energy, and construction with a network of 2,000 business units in 61 countries.
Where are VINCI Energies and Budapest Airport Concession Company based?
Budapest Airport Concession Company is based in Hungary.
Who are the decision-makers at VINCI Energies?
Fundz holds 3 contacts at VINCI Energies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

VINCI Energies

About

VINCI Energies is a global player in concessions, energy, and construction with a network of 2,000 business units in 61 countries. With a total revenue of €19.3 billion in 2023, VINCI Energies is committed to operating in an environmentally and socially responsible manner, aiming to create long-term value for its customers, shareholders, employees, partners, and society in general.

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Frequently asked

Who acquired Budapest Airport Concession Company?

Budapest Airport Concession Company was acquired by VINCI Energies. The deal was reported on June 6, 2024. VINCI Energies is a global player in concessions, energy, and construction with a network of 2,000 business units in 61 countries. VINCI Energies is privately held and operates in Information Technology.

When did VINCI Energies acquire Budapest Airport Concession Company?

VINCI Energies's acquisition of Budapest Airport Concession Company was reported on June 6, 2024. VINCI has signed an agreement to acquire a 20% shareholding in the Budapest airport concession company, reinforcing its network in Europe and consolidating its presence as a leading airport operator on the continent. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Budapest Airport Concession Company do?

Budapest Airport is one of the main airports in Central Eastern Europe, handling 16 million passengers in 2019 and serving as the country's key entry point for air mobility. It is privately held, operating in Transportation, and is based in Hungary.

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