The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Fraport TAV Antalya Terminal Isletmeciligi , based in Turkey and controlled by Aéroports de Paris, based in France, by TAV Airports, based in Turkey, and Fraport, based in Germany.
The transaction mainly concerns the airport operations market.
The Commission concluded that the proposed concentration would not raise competition concerns, given the limited impact on the European Economic Area. The notified transaction was examined under the simplified merger control procedure.
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Aéroports de Paris develops and manages airports, including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. In 2024, the Group handled more than 103 million passengers at Paris-CDG, Paris-Orly and Paris-Le Bourget, and c. 261 million passengers abroad. Boasting an exceptional geographic location and a major catchment area, Aéroports de Paris is pursuing its strategy of adapting and modernizing its terminal facilities, upgrading quality of services and developing retail and real estate businesses. Sales break down by activity as follows:
- supply of airport services (33.3%): air traffic management, intermodal transport and terminal management, installation of airport infrastructure, passenger check-in and transfer, baggage handling, aircraft handling (cleaning, guidance, assistance with positioning and start-up, loading and unloading of aircraft), etc.;
- operating sales areas and services (27.9%): shops, restaurants, banks, exchange offices, etc.;
- real estate management (4.7%): land and commercial real estate property leasing (businesses, offices, hotels, logistics buildings, etc.);
- other (34.1%): including international airport management, airport engineering services, specialized telecommunications services, etc.
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