Blackstone Infrastructure has acquired a 22% minority stake in AGS Airports for £235 million, aiming to enhance growth in the UK's travel and tourism sector.

Target Information

Blackstone Infrastructure, a leading investment firm, has successfully acquired a 22% minority stake in AGS Airports (AGS) for £235 million. AGS operates three vital airports in the UK, specifically Glasgow and Aberdeen in Scotland, as well as Southampton in England. The airports collectively serve over eleven million passengers each year and are known for their high-quality freehold properties within the industry.

This acquisition was made from AviAlliance, a prominent global player in airport investment and management, who will maintain a controlling 78% share in AGS. Blackstone's strategic investment aims to leverage AGS’s growth potential in supporting the expanding travel and tourism sectors across the United Kingdom.

Industry Overview in the United Kingdom

The UK travel and tourism industry has shown remarkable resilience and growth prospects post-pandemic. With an increasing number of international travelers and a growing domestic tourism