Andino Investment Holding S.A.A. has announced that it has signed an agreement with Corporación América Airports for the acquisition of 50% of the shares held by the Argentine company in Aeropuertos Andinos del Perú S.A., which means that it will directly control 100% of the concessionaire of the airports of Arequipa, Ayacucho, Juliaca, Puerto Maldonado, and Tacna, in the south of the country.
«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 in constant search of new business opportunities to maintain our fast expansion and actively contribute to the well-being, development, and growth of the country and our stakeholders,» said Carlos Vargas Loret de Mola, CEO of Andino, a Peruvian group with almost 50 years of experience in the development and operation of airport infrastructure, logistics real estate and financial logistics.
Andino Investment Holding is listed on the Lima Stock Exchange, and the group is integrated by 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.
Aeropuertos Andinos del Perú S. A. was incorporated in December 2010 after the consortium of Andino Investment Holding and Corporación América were awarded the 25-year concession contract for the Second Group of Provincial Airports of Peru. Its management began on January 5, 2011.
