Ardian and PIF Acquire 37.62% of FGP Topco (Heathrow) as Ferrovial Sells 19.75% Stake

Ferrovial Acquires 5.06% Stake in 407 ETR

June 6, 2025

Transportation

Ferrovial purchased a 5.06% equity stake in 407 International Inc. (407 ETR) for CAD 1.99 billion, acquiring shares from affiliates of AtkinsRéalis and exercising a call option to complete the transaction. The purchase increases Ferrovial's ownership in the Canadian toll highway from 43.23% to 48.29%; the announcement also notes concurrent transactions in which AtkinsRéalis sold a remaining 1.7% to CPP Investments and PSP Investments acquired a 7.51% interest from CPP.

AviAlliance Acquires AGS Airports from Macquarie and Ferrovial

November 13, 2024

Transportation

AviAlliance has agreed to acquire AGS Airports from Macquarie Asset Management (via Macquarie European Infrastructure Fund 4) and Ferrovial for an enterprise value of approximately £1.53 billion. The transaction transfers ownership of the airports serving Aberdeen, Glasgow and Southampton, and is expected to reach financial close by Q1 2025 subject to customary conditions and regulatory approvals.

One Equity Partners and Buckthorn Partners Acquire Amey plc from Ferrovial

October 11, 2022

Infrastructure

One Equity Partners, alongside UK investment firm Buckthorn Partners, agreed to acquire UK infrastructure services and engineering consultancy Amey plc from Ferrovial in a transaction announced in 2022 (completed Dec 2022). Amey is a leading provider of transport infrastructure and public-sector facilities services in the United Kingdom with c.11,000–14,000 employees; the sale completed as part of Ferrovial’s exit from its services business.

Macquarie Asset Management Acquires Stakes in Bristol and Birmingham Airports

November 3, 2025

Infrastructure

Macquarie Asset Management (through Macquarie European Infrastructure Fund 7), with co-investor LGPS Central Limited (on behalf of West Midlands and Cheshire Pension Funds), has reached financial close to acquire a 55% stake in Bristol Airport and a 26.5% stake in Birmingham Airport. The stakes were purchased from Ontario Teachers' Pension Plan as part of Macquarie's broader UK airports portfolio expansion.

Ardian Acquires Majority Stake in Florida Food Products

September 21, 2021

Food & Beverage

Ardian's U.S. Buyout team acquired a majority stake in Florida Food Products (FFP) from MidOcean Partners, with MidOcean retaining a significant equity stake. The transaction (enterprise value in excess of $1 billion) positions Ardian to support FFP's product innovation, capability expansion and international growth in clean-label, plant-based food ingredients.

Ardian Acquires Remaining Stake in Hill Top Energy Center

April 28, 2025

Energy

Ardian has acquired the remaining equity stake in Hill Top Energy Center, giving it 100% ownership and full operational control of the 620 MW combined-cycle gas turbine in western Pennsylvania. The asset sells capacity and energy into the PJM market and the transaction is Ardian Americas Infrastructure Fund V's first energy investment, intended to support long-term growth and reliable power supply for rising electricity demand.