Aberdeen, Glasgow and Southampton airports are to be sold to a company that operates five other airports around the world.
Spanish construction firm Ferrivial and Australian finance company Macquaire, which together own the UK airports’ operating company AGS, have agreed to sell to AviAlliance for £900 million.
AviAlliance, which operates Athens, Greece, Dusseldorf and Hamburg airports and San Juan in Puerto Rico, will also take on £653m in debt.
The deal is expected to be completed early next year.
AviAlliance is owned by a Canadian pension investor, the Public Sector Pension Investment Board, which has a majority stake in Forth Ports, one of the biggest port operators in the UK, and the UK’s largest rolling-stock firm, Angel Trains.
AviAlliance Managing Director Gerhard Schroeder said: “We are committed to supporting the airports over the long-term to expand their route networks, further improve the passenger experience and implement the airports’ sustainability strategy.”
