"Andino acquires 100% of Aeropuertos Andinos del Perú following an agreement with Corporación América Airports."
“Andino Investment Holding S.A.A. (Andino) reported that it reached an agreement with Corporación América Airports S.A. (CAAP) to acquire 50% of the shares of the company Aeropuertos Andinos del Perú S.A. (AAP).”
"In this way, Andino will directly control, through its subsidiaries Andino Capital, Almafin, and Multilog, 100% of the concessionaire company that operates five airports in the southern part of the country.
According to Carlos Vargas Loret de Mola, CEO of Andino, 'this investment is a long-term commitment to the country in a sector that is currently heavily affected by the Covid-19 pandemic.'
'As part of the group's growth, we are constantly seeking new business opportunities to maintain our accelerated growth and actively contribute to the well-being, development, and growth of the country and our stakeholders,' he added.
Aeropuertos Andinos del Perú is the company responsible for the operation, maintenance, and development of the airports in Arequipa, Ayacucho, Juliaca, Puerto Maldonado, and Tacna. It is a Peruvian group with over 49 years of experience whose objective is to manage a group of leading companies that develop and operate airport infrastructure and services, logistics real estate, and financial logistics.
Andino Investment Holding is listed on the Lima Stock Exchange and is dedicated to investing in and/or creating companies focused on airport infrastructure and services, logistics real estate, and financial logistics.
Currently, the companies that make up the group include: Servicios Aeroportuarios Andinos (SAASA), Aeropuertos Andinos del Perú (AAP), Inmobiliaria Terrano, Operadora Portuaria, Nautilius, Almafin, Multilog, Infinia, Andino Capital SGFI, Andino Leasing, and Andino Factoring."
