ASUR Completes Milestone Acquisition of Motiva's Airport Interests Across Latin America
ASUR's Strategic Growth Through Airport Acquisition
On September 1, 2026, Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR), a prominent player in the airport management sector, announced the completion of a significant acquisition involving Motiva Infraestrutura de Mobilidade S.A. ASUR finalized the purchase of Motiva’s entire equity interest in Companhia de Participações em Concessões (CPC), a subsidiary of Motiva, for a total of R$5.1 billion, equivalent to approximately US$992.2 million after customary adjustments. This acquisition is a crucial step in ASUR's strategy to expand its portfolio and solidify its position as a leading airport operator in Latin America.
Details of the Acquisition
The arrangement, originally agreed upon on November 18, 2025, was contingent upon the fulfillment of specific conditions. With the conclusion of this transaction, ASUR notably enhances its operational scope by adding 20 airports located across four key markets: Brazil, Ecuador, Costa Rica, and Curaçao. This action positions ASUR strategically within Latin America’s rapidly growing aviation market, particularly in Brazil, which stands as the largest market in the region by passenger traffic.
Financing the Growth
To facilitate this acquisition, ASUR utilized a loan facility that was arranged at the time of its initial bid for Motiva’s assets. This strategic financing enhanced ASUR's capability to move forward with its expansion plan, signaling confidence in the company's growth trajectory.
About ASUR
ASUR operates a total of 16 airports across the Americas, including nine in southeastern Mexico, with Cancún Airport being the most noteworthy, accounting for significant tourist traffic. The company also oversees six airports in northern Colombia and holds a 60% stake in Aerostar Airport Holdings, managing Luis Muñoz Marin International Airport in Puerto Rico. This airport has pioneered a successful public-private partnership under the Federal Aviation Administration's pilot program, showcasing ASUR's innovative approach.
Recently, ASUR has ventured into commercial airport services, partnering with airlines and airports to enhance passenger experiences. Its operations extend to major U.S. hubs such as Los Angeles International, Chicago O'Hare, and John F. Kennedy International airports, where it has demonstrated competitive performance against U.S. commercial benchmarks.
About Motiva
Motiva Infraestrutura de Mobilidade is recognized as Brazil's largest mobility infrastructure entity, managing substantial investments in the toll road, rail, and airport sectors. The company operates 37 assets across 13 Brazilian states, significantly contributing to transportation infrastructure with 4,475 kilometers of toll roads. Additionally, Motiva's rail platform transports an astonishing 750 million passengers per year, and its airport division handles around 45 million travelers annually, illustrating its substantial presence in the mobility sector.
Motiva has been included in the B3 Corporate Sustainability Index for 14 consecutive years, highlighting its commitment to sustainable practices.
Conclusion
The acquisition of Motiva's airport interests marks a transformative moment for ASUR, reflecting its ambition and strategic focus on growth in the burgeoning Latin American market. This move not only solidifies ASUR’s operational footprint but also enhances its capabilities to meet increasing passenger demands in the region’s aviation sector. As ASUR continues to expand, stakeholders can anticipate further developments that could redefine the landscape of airport operations in Latin America and beyond.