Abertis, through its fully owned subsidiary Desarrollo de Concesiones Aeroportuarias, has closed the disposal of its full stake (33.33%) in Aeropuertos Mexicanos del Pacífico (AMP) to its Mexican partner Controladora Mexicana de Aeropuertos (CMA).

The transaction has been closed for a net amount of US$222 million.

The deal is the almost final step in the process of divestment of the airport business, which started in 2013 with the sale of the UK Cardiff airport, and continued with the disposal of the UK Belfast International and Stockholm Skavsta, Sweden, airports, as well as the USA Orlando Sanford airport terminal concessions and TBI's airport management business in the USA.

In November, Abertis completed the sale of its stake in Luton airport (United Kingdom).

Abertis' stake in AMP goes back to 2007, when a pack of airport assets was acquired along with Desarrollo de Concesiones Aeroportuarias (DCA). Grupo Aeroportuario Del Pacífico operates 12 airports in the Pacific region of Mexico. Including the following airports:

• Guadalajara and Tijuana serving the main metropolitan areas.
• Mexicali, Hermosillo, Los Mochis, Aguascalientes, Guanajuato and Morelia, serving médium-size cities.
• La Paz, Los Cabos, Puerto Vallarta and Manzanillo, serving main tourist destination.

Read more about the airport divestment process carried out by Abertis.

• Ashmore acquires Bogota's airport from Abertis Wednesday, February 5, 2014
• Abertis closes sale of Luton airport Friday, November 29, 2013
• Abertis to sell its stake in Mexican Airport operator Wednesday, August 28, 2013
• AENA acquires Cali airport stake from Abertis Monday, August 5, 2013
• AENA and AXA Private Equity acquire Luton airport from Abertis Thursday, August 1, 2013
• Abertis sells TBI Airports to ADC & HAS Airports Worldwide Monday, July 22, 2013