The consortium comprising VINCI Airports, the Caisse des Dépôts and Crédit Agricole Assurances will be acquiring 60% of th...
July 28 2016 - 2:06PM
Paris, 28 July 2016
Press
release
The consortium
comprising VINCI Airports, the Caisse des Dépôts and
Crédit Agricole Assurances will be acquiring 60% of the
capital
of Aéroports de Lyon (ADL)
On closing of an invitation to
tender, the French State, which held 60% of Aéroports de Lyon,
named the VINCI Airports - Caisse des Dépôts - Crédit Agricole
Assurances consortium as preferred buyer of its shares in ADL
today, 28 April. ADL holds a concession contract running until 31
December 2047 for Lyon Saint-Exupéry, France's second-largest
regional airport, and the Lyon Bron airport.
Three
complementary partners to serve development of the Lyon
airports
The successful bid is the fruit of
a solid partnership between three complementary partners:
VINCI Airports, investor, programme manager and experienced
operator of airports across the world; the Caisse des Dépôts Group,
a long-term investor serving the public interest and regional
economic development, and Crédit Agricole Assurances, leading
bank-insurance player in France and in Europe.
As majority shareholder, the
consortium will ensure development, investment and operation of
these two airports, which generated consolidated EBITDA of €53
million in 2015. As operator, the consortium will strive to support
and encourage growth of traffic and development of the two
airports, while also guaranteeing the best possible quality of
service for passengers.
The consortium's three members all
enjoy strong positions in the region in their different fields of
intervention and have broad experience of concessions.
With 8,7 million passengers
welcomed in Lyon in 2015, this new concession confirms the dynamic
growth of VINCI Airports in France and consolidates its position as
one of the top five players in the world airport market. VINCI
Airports, which has a network of 36 airports, will manage annual
traffic of around 125 million passengers looking to end 2016. The
VINCI Group employs more than 11,00 people in the
Auvergne-Rhône-Alpes region and generated revenue of €2.3 billion
in 2015.
With this equity stake, the Caisse
des Dépôts, historic partner to local authorities, confirms its
commitment to the growth and economic and tourist development of
the Lyon metropolitan area and, more broadly, the new greater
Auvergne-Rhône-Alpes region. Drawing on its experience and its
investment portfolio of over €180 million in infrastructure and
regional development through over 120 equity stakes (including more
than 40 local public-private enterprises), it is well-placed to
facilitate relations between private industrial partners and local
public shareholders.
Lastly, for Crédit Agricole
Assurances, this operation is a perfect fit with its strategy as a
long-term institutional investor keen to diversify its investments
- a strategy that primarily entails financing large-scale projects
to foster strong regional development. In the Auvergne-Rhône-Alpes
region, Crédit Agricole Assurances is co-buyer of the Grand Hôtel
Dieu, an emblematic Lyon site that will become a new city
neighbourhood featuring a mix of shops, offices, a hotel and
housing.
About
VINCI
VINCI is a global player in
concessions and construction, employing more than 185,000 people in
some
100 countries. We design, finance, build and operate infrastructure
and facilities that help improve daily life and mobility for all.
Because we believe in all-round performance, above and beyond
economic and financial results, we are committed to operating in an
environmentally and socially responsible manner. And because our
projects are in the public interest, we consider that reaching out
to all our stakeholders and engaging in dialogue with them is
essential in the conduct of our business activities.
www.vinci.com
About the Caisse
des Dépôts
Caisse des Dépôts and its
subsidiaries together form a State-owned group that is a long-term
investor serving France's public interest and local and regional
economic development. This role was reaffirmed by the French Law on
modernisation of the economy of 4 August 2008.
The Group has renowned expertise
in managing public service mandates and it has earmarked four
priority sectors for creating jobs and partnering industrial
development and innovation: business development, the energy
transition, housing, and infrastructure and mobility.
www.caissedesdepots.fr
About Crédit Agricole
Assurances
Crédit Agricole Assurances, Europe's leading bank insurer, unites
together Crédit Agricole's insurance subsidiaries. The Group offers
a range of savings, retirement, health, personal risk and property
insurance products and services. They are distributed by the Crédit
Agricole Group's banks in France and in 10 other countries around
the world by financial advisors and multi-line insurance agents.
The Crédit Agricole Assurances companies serve individuals,
professionals, farmers and businesses. Crédit Agricole Assurances
has 4,000 staff, with €30.4 billion in revenues (IFRS standards) at
end-2015.
www.ca-assurances.com
Contacts:
VINCI |
Caisse des Dépôts |
Crédit Agricole Assurances |
|
Media
Paul-Alexis Bouquet
Tel.: +33 (0)1 47 16 31 82
paul-alexis.bouquet@vinci.com
Investor relations
Arnaud Palliez
Tel.: +33 (0)1 47 16 33 46
arnaud.palliez@vinci.com |
Media
Neyla Bouaita
Tel: +33 (0)1 58 50 11 29
neyla.bouaita@caissedesdepots.fr
|
Media
Françoise Bololanik
Tel.: +33 (0)1 57 72 46 83
Camille Langevin
Tel.: +33 (0)1 57 72 73 36
service.presse@ca-assurances.fr
|
|
Pdf Version
This
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behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: VINCI via Globenewswire
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