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Dec 22, 2017
Project

Meridiam acquires Amman airport stake

The airport welcomed 7.4 million passengers in 2016 and was named Best Airport in the Middle East and tied for third globally in the Airport Service Quality Survey by Airport Council International. This acquisition represents Meridiam’s first investment in Jordan.

Meridiam and its partners, Groupe ADP and ASMA Capital Partners B.S.C.(c), acting in its capacity as investment manager for IDB Infrastructure Fund II, have acquired a majority stake in Airport International Group (AIG), the concessionaire for the Queen Alia International Airport (QAIA) in Amman, Jordan. The completion of the acquisition is subject to the consent of the Government of Jordan and AIG's lenders.