AXA Private Equity acquires 50% stake in Autopista Trados 45
AXA Private Equity has acquired 50% of Spanish toll road operator Autopista Trados 45 from Cintra.
The acquisition was made by FINAVIAS, an investment vehicle for the infrastructure funds of AXA Private Equity.
Autopista Trados 45 manages a 14.5km section of the M-45 highway in Madrid. It is a shadow toll road whose tolls and maximum payments from the Madrid regional government are inflation-indexed. The company reported revenues of €26.6m (+1.5%) and an EBITDA of €24.9m (+1.9%) for 2009.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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