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The Guardian - UK
The Guardian - UK
Business
Jack Simpson

Owner of Aberdeen, Southampton and Glasgow airports sold in £1.53bn deal

Southampton Aberdeen Glasgow Ferrovial Macquarie AGS AGS Airports United Kingdom
People wheeling cases across a zebra crossing on their way into Southampton airport
Macquarie said AGS had invested £250m in the airports since 2014, including a £17m runway extension at Southampton. Photograph: Roger Arbon/Solent News & Photo Agency/Solent News

The owner of Aberdeen, Glasgow and Southampton airports is being sold in a deal worth more than £1.5bn.

The Spanish construction company Ferrovial and its partner Macquarie have agreed to offload the AGS Airports joint venture to AviAlliance, a German-headquartered airport operator.

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