Acquiring Company
TAV Airports
Acquired Company
Almaty International Airport
Description
TAV Airports will acquire the remaining 15% stake in Almaty International Airport for $133 million, becoming the sole owner. This acquisition underscores TAV's strategic investment in the airport, which is a major aviation hub in Central Asia. The deal is part of their broader plans for improving operational efficiency and increasing aviation revenues. Following this acquisition, the control of Almaty Airport will fully align with the French Groupe ADP.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Almaty International Airport?
Almaty International Airport was acquired by TAV Airports, based in Istanbul. The deal was reported on July 29, 2026. TAV Airports is a Turkish airport operator and a member of Groupe ADP. It operates and develops airport facilities and services in several countries. TAV Airports is privately held and operates in Transportation.
When did TAV Airports acquire Almaty International Airport?
TAV Airports's acquisition of Almaty International Airport was reported on July 29, 2026. TAV Airports will acquire the remaining 15% stake in Almaty International Airport for $133 million, becoming the sole owner. This acquisition underscores TAV's strategic investment in the airport, which is a major aviation hub in Central Asia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Almaty International Airport do?
Almaty International Airport is Kazakhstan's largest airport and a key hub in Central Asia. It services millions of passengers each year and plays a significant role in the region's aviation sector. It is privately held, operating in Transportation, and is based in Kazakhstan.