Contenido
- Aleatica and Invex will continue to hold substantial investments in GANA, with Aleatica maintaining a controlling 51% stake and Invex retaining a 20% stake.
- FIBRAeMX’s proven expertise in investing in extensive toll road networks will complement Aleatica’s and Invex’s market-leading capabilities, enhancing the overall performance and strategic direction of GANA.
Mexico City, June 27, 2024 — Aleatica, S.A.B. de C.V. (“Aleatica”) and the Energy and Infrastructure Investment Trust identified under number F/4863 (“FIBRAeMX”), are pleased to announce a landmark transaction whereby FIBRAeMX will acquire 18.2% of shares from Aleatica and 10.8% of shares from Invex Infraestructura, S.A. de C.V. and Banco Invex, S.A., Institución de Banca Múltiple, Invex Grupo Financiero (jointly, “Invex”) in Grupo Autopistas Nacionales, S.A. (“GANA”). This transaction will position FIBRAeMX as a significant shareholder in GANA, bringing its total stake up to 29%.
The transaction, valued at approximately Ps. $5,200,000,000.00, is subject to adjustments per the transaction documents.
FIBRAeMX will pay Aleatica a cash consideration and Invex a consideration in kind consisting of Series A CBFEs of FIBRAeMX. Post-transaction, Aleatica will remain the majority shareholder with a 51% stake, ensuring continued control over GANA.
The completion of this transaction is contingent upon meeting certain closing conditions and obtaining necessary approvals from the Federal Antitrust Agency (Comisión Federal de Competencia Económica), the Ministry of Infrastructure, Communications and Transportation (Secretaría de Infraestructura, Comunicaciones y Transportes), among others.
Citibank has served as the financial advisor to Aleatica, and Scotiabank has served as the financial advisor to FIBRAeMX for this transaction, while Invex Capital served as internal advisor to Invex Infraestructura, shareholder of GANA from Invex.
Executive Statements
“We are pleased to welcome FIBRAeMX and the long-term Mexican capital it represents as a major partner,” said Rubén López, CEO of Aleatica in Mexico.
“This aligns with our strategy of attracting and collaborate with leading organizations and stakeholders across critical infrastructure projects. We intend to reinvest proceeds from the transaction in Mexico, including in new developments like our Atizapán- Atlacomulco road.”
“We welcome FIBRAeMX into GANA and look forward for their input to continue the great value creation track record of GANA.” said Juan B. Guichard, CEO of INVEX Capital.
Rodrigo Nuñez, CEO of FIBRAeMX stated “we are excited to announce GANA as a new addition to our porfolio. This acquisition is consistent with the goal of acquiring high quality Mexican infrastructure assets that add value to our investors through partnerships with world class institutions such as Aleatica and Invex.”
“Upon Closing of the transaction, Invex and FIBRAeMX will have consolidated a strategic alliance with the entry of Invex as a relevant holder of Trust Certificates (Certificados Bursátiles Fiduciarios) of FIBRAeMX, adding to the strategic decisions of the Investment Committee”, said Juan B. Guichard, CEO of Invex Capital and Rodrigo Núñez, CEO of FIBRAeMX.
“Invex is an important and experienced participant in the infrastructure industry in Mexico, to whom we welcome in FIBRAeMX”, concluded Rodrigo Núñez.
About GANA
GANA is the concessionaire of the toll road Amozoc – Perote crossing Puebla, Tlaxcala and Veracruz, that provides the shortest and safest route from Mexico City to Xalapa, connecting the central region of the country with the Port of Veracruz. This vital infrastructure enhances connectivity and supports economic growth in the region.
About FIBRAEMX
FIBRAeMX is an Energy and Infrastructure Investment Trust identified under number F/4863; an investment vehicle specialized in transportation infrastructure. Its initial public offering of trust certificates for investment in energy and infrastructure (“CBFEs”), with ticker symbol “FMX 23”, was carried out on March 29, 2023, for a total amount of ~MXN$6.640 billion.
FIBRAeMX‘s pre-transaction porfolio was made up of more than 1,000 kilometers of toll highways, which represent approximately 9% of toll roads nationwide, distributed across 7 concessions including 14 highway sections that cross 11 states in Mexico.
FIBRAeMX is managed internally by Fibra Infraestructura y Energía México, S.A. de C.V., in its capacity as administrator in accordance with the Trust Administration Contract. For more information, visit our web page at www.alominfra.com/fibra-e-mx.com.
About Aleatica
Aleatica is a subsidiary of Aleatica, S.A.U. (“Aleatica SAU”). Aleatica SAU is a leading transport infrastructure operator committed to a vision of smart, safe, and sustainable mobility.
With an annual revenue of US$1.3 billion and over 3,000 employees, the company currently manages 20 concessions across seven countries (Spain, Italy, United Kingdom, Mexico, Colombia, Peru, and Chile): 16 highways, 2 ports, 1 light rail line, and 1 airport, in Europe and Latin America.
Aleatica SAU is an indirect wholly- owned subsidiary of IFM Global Infrastructure Fund. For more information, visit our web page at www.aleatica.com.
About Invex
INVEX Controladora, S.A.B. de C.V. (BMV: INVEX A), is a Mexican business group that manages a diversified business porfolio in Financial Services, Energy and Infrastructure.
In the last twelve months, it reached $17 billion MXN in revenue, $1.3 billion MXN in net income and 13 billion MXN in market capitalization.
For more information, please contact:
- Itzel Meyenberg Valero, email: itzel.meyenberg@aleatica.com
- Investor Relations, email: ir@invexcontroladora.com
- Alicia Félix (CFO), email: alicia@fibraemx.com
