France’s Vinci to snap up majority stake in Edinburgh Airport

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France’s Vinci to snap up majority stake in Edinburgh Airport
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Global Infrastructure Partners has agreed to sell a 50.01 stake in the Scottish site.

French firm and Gatwick Airport owner Vinci has struck a deal to buy a majority stake in Edinburgh Airport for around £1.27 billion.

It follows a similar deal in 2019 which saw Vinci buy a majority 50.01% stake in London’s Gatwick Airport, with a group of investors led by GIP retaining the remaining holding.Edinburgh Airport’s chairman Sir John Elvidge and chief executive Gordon Dewar will remain in their roles following the deal.

“I should thank the whole team at Edinburgh Airport for the contribution they have made to our success over the last 12 years since GIP acquired the airport and look forward to working with them to write a new, exciting chapter in the airport’s story.”

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