Atlantia has announced that it has reached an agreement for the acquisition of 100 percent of the share capital of Aero 1 Global & International S.à.r.l., an investment vehicle fully controlled by funds managed by Goldman Sachs Infrastructure Partners, which owns 85.2 million shares in Groupe Eurotunnel S.E (Getlink), representing 15.49 percent of the share capital and 26.66 percent of the voting rights of the company.
Atlantia will pay a total consideration of €1.056 billion ($1.3 billion) for the acquisition.
Getlink operates three tunnels under the Channel and two terminals under a concession agreement ending in 2086. Every year, Getlink moves more than 20 million passengers, 1.6 million trucks, 2.6 million cars, 25 percent of trade in goods between the United Kingdom and continental Europe and 1.7 billion tonnes-kilometers of freight.
Getlink also operates a private rail freight business (Europorte) and the future electrical interconnector between the United Kingdom and France (ElecLink).
