Blackstone Infrastructure to Acquire Minority Stake in AGS Airports
Deal News | Mar 28, 2025 | Blackstone
Blackstone has announced its acquisition of a 22% stake in AGS Airports for £235 million, an investment aimed at bolstering the growth of UK travel and tourism sectors. AGS Airports operates Glasgow, Aberdeen, and Southampton airports, handling over 11 million passengers annually. AviAlliance will hold the remaining 78% stake. The investment strategy aligns with Blackstone's focus on transportation infrastructure, reflecting the strong global growth in leisure travel. Through this investment, the three airports are expected to continue their trajectory of accommodating increasing airline traffic.
Sectors
- Infrastructure
- Transportation
- Investment Management
Geography
- United Kingdom – AGS Airports operates within the UK, covering strategic locations in Scotland and England.
- United States – Blackstone, the investing firm, is headquartered in New York, USA.
Industry
- Infrastructure – The acquisition involves investment in airport infrastructure, a critical component of national and global transport systems.
- Transportation – AGS Airports operates key transportation hubs in the UK, and Blackstone’s investment aims to support growth in this sector.
- Investment Management – Blackstone's transaction reflects private equity involvement in strategic investments across industries.
Financials
- 235 million – The monetary value of Blackstone's minority stake acquisition in AGS Airports.
- 22% – The stake acquired by Blackstone in AGS Airports.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Blackstone Infrastructure | Investor | Company | Blackstone Infrastructure is a division of Blackstone Group, focusing on large-scale infrastructure assets. |
| AGS Airports | Target | Company | AGS Airports operates Glasgow, Aberdeen, and Southampton airports in the UK. |
| AviAlliance | Vendor | Company | AviAlliance is a global airport investor and operator, and the majority shareholder in AGS Airports. |
| PSP Investments | Collaborator | Company | PSP Investments is involved in managing the investment with Blackstone and AviAlliance in AGS Airports. |