AIIM completes acquisition of a stake in African airport operator from Egis

Date July 03, 2018
Type M&A Transactions
Subtype Transaction completed
Countries Congo, Republic of the Cote d'Ivoire Gabon
Subsectors Airport
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African Infrastructure Investment Managers (AIIM) has acquired a 50% stake in an airport holding company Société d’Exploitation et de Gestion Aéroportuaires (SEGAP) for an undisclosed sum.

SEGAP holds interests in three concession companies which operate five airports in Cote D’Ivoire, Gabon and the Republic of the Congo. Egis Group owns the remaining 50% stake in the company.

This is AIIM's sixth investment on behalf of the AIIF3 fund.

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