WTS advises AviAlliance on the sale of Budapest Airport

WTS, a global full-service provider of tax advisory services and financial & deal advisory, advised AviAlliance, one of the world’s leading private airport investors and managers, and its minority co-shareholders on the sale of Budapest Airport to a consortium consisting of Hungarian state-owned Corvinus Zrt. and French co-investor Vinci Airports.

The transaction was successfully completed today. All necessary regulatory approvals had been obtained before. Consequently, a transferral of ownership to the buying consortium took immediate effect. AviAlliance had been invested in the airport serving the capital of Hungary and the country itself since 2007.

WTS and WTS Klient (Hungary) advised on tax issues in connection with the transaction.

Advisory teams

WTS Germany Tax:

Norgard Papke
Michael Wild

WTS Global:

WTS Klient Business Advisory Ltd: Réka Kiss and András Szadai

About AviAlliance GmbH

AviAlliance, a wholly owned subsidiary of PSP Investments, is one of the world's leading private industrial airport investors and operators. The company participates in airport privatizations and acquires interests in airports worldwide. AviAlliance has an international network of airports and currently manages stakes in Athens, Düsseldorf, Hamburg and San Juan (Puerto Rico) airports. In 2023, these four airports together handled 73 million passengers. Further information at avialliance.de