Private investment house Ardian has acquired a 22.6% stake in FGP Topco, the holding company for Heathrow Airport Holdings

Ardian acquired its stake in Heathrow from Ferrovial and other TopCo shareholders. New shareholder PIF has also acquired 15% of TopCo from the same shareholders through a separate vehicle.

“We are extremely proud to become part of the Heathrow family. Heathrow is an iconic global infrastructure asset, and this transaction marks another milestone moment for Ardian. We are passionate about infrastructure and the role it plays enabling growth and supporting the transition to net zero. We intend to support the Heathrow management team as they work to achieve both goals, growing the airport sustainably over the years ahead,” said Mathias Burghardt, executive vice-president and head of infrastructure, Ardian

Paris-headquartered Ardian manages or advises $176bn of assets on behalf of more than 1,720 clients globally. Through its direct infrastructure investment activities, Ardian has significant experience in owning and operating European airports. In the UK, Ardian was a 49% shareholder of London Luton Airport from 2013 until 2018. The firm is currently an indirect shareholder of Milan Linate, Milan Malpensa, Naples and Turin airports alongside their regions and municipalities.

Acquiring a stake in LHR marks a milestone for Ardian
Acquiring a stake in LHR marks a milestone for Ardian London Heathrow Airport