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Grupo Aeroportuario del Pacífico merges with Cross Border Xpress

PRIVATEMay 01, 2026

Acquiring Company

Grupo Aeroportuario del Pacífico S.A.B. de C.V

Acquired Company

Cross Border Xpress

MexicoTransportationTravelTransportationTravel

Description

Grupo Aeroportuario del Pacífico has completed a merger with Cross Border Xpress as of May 1, 2026. This merger allows GAP to consolidate 100% ownership of CBX following the acquisition of the remaining equity interest. The company aims to enhance service provision and management of CBX operations. The financial impacts of the merger are currently being assessed and will be updated accordingly.

Quick answer

Grupo Aeroportuario del Pacífico S.A.B. de C.V is acquiring Cross Border Xpress, announced May 1, 2026. Grupo Aeroportuario del Pacífico S.A.B. de C.V is based in Mexico.

How much did Grupo Aeroportuario del Pacífico S.A.B. de C.V pay for Cross Border Xpress?
The deal value was not disclosed.
What does Grupo Aeroportuario del Pacífico S.A.B. de C.V do?
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta,..
Where are Grupo Aeroportuario del Pacífico S.A.B. de C.V and Cross Border Xpress based?
Grupo Aeroportuario del Pacífico S.A.B. de C.V is based in Mexico.

Source: Fundz verified event record.

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Company Information

Company

Grupo Aeroportuario del Pacífico S.A.B. de C.V

Location

Mexico

About

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities. In February 2006, GAP’s shares were listed on the New York Stock Exchange under the ticker symbol “PAC” and on the Mexican Stock Exchange under the ticker symbol “GAP”. In April 2015, GAP acquired 100% of Desarrollo de Concessioner Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the Norman Manley International Airport operation in Kingston, Jamaica, and took control of the operation in October 2019.

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Frequently asked

Who acquired Cross Border Xpress?

Cross Border Xpress was acquired by Grupo Aeroportuario del Pacífico S.A.B. de C.V, based in Mexico. The deal was reported on May 1, 2026. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. Grupo Aeroportuario del Pacífico S.A.B. de C.V is privately held and operates in Transportation.

When did Grupo Aeroportuario del Pacífico S.A.B. de C.V acquire Cross Border Xpress?

Grupo Aeroportuario del Pacífico S.A.B. de C.V's acquisition of Cross Border Xpress was reported on May 1, 2026. Grupo Aeroportuario del Pacífico has completed a merger with Cross Border Xpress as of May 1, 2026. This merger allows GAP to consolidate 100% ownership of CBX following the acquisition of the remaining equity interest. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cross Border Xpress do?

Cross Border Xpress (CBX) is a border crossing facility that allows passengers traveling between the United States and Mexico to access the Tijuana International Airport directly, bypassing traditional border crossing hassles. It is privately held, operating in Transportation.

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