Aéroports de Paris SA: Groupe ADP announced to enter into exclusive negotiations to dispose its 80% stake in its subsidiary ...
May 24 2017 - 1:30AM
PRESS RELEASE
24 May 2017
Aéroports de Paris SA
Groupe ADP announced to enter into exclusive negotiations to
dispose its 80% stake in its subsidiary Hub Safe
Groupe ADP announced to enter into
exclusive negotiations with Groupe Samsic to dispose its 80% stake
in its subsidiary Hub Safe, specialized in airport security.
This project underlines the desire
of Groupe ADP to entrust the control of Hub Safe to a partner that
would set the airport security at the heart of its strategy and
that could reinforce its expertise as well as its technical and
financial means to ensure its development and sustainability.
Created in 1986 in Bretagne
(France), Samsic was a family-owned company that became a leader in
providing cleanliness, safety and human ressources services to
companies in Europe. Samsic never stopped diversifying to complete
its range of services and thus satisfying its clients. With an
annual revenue amounted to €1.5 billion, the company currently
employs 70,000 people.
At the request of Groupe ADP, the
final disposal will include the maintaining of the ongoing
contracts signed between ADP and Hub Safe, contracts that will last
until their planned expiration.
On this basis, Groupe ADP will
study, in the framework of these exclusive negotiations with
Samsic, the conditions under which such a disposal could be
possible.
In any case, this project can only
be implemented at the completion of the information-consulting of
relevant employees' representative body, under reserve of the
completion of definitive agreements considered as satisfactory for
the stakeholders, and of the procurement of preliminary
authorisations for the operation, including the approval of the
Minister in charge of Economy, according to the ordinance
N°2014-948 of 20 August 2014, relative to governance and operations
on capital for publicly-held companies, as well as of the approval
of the Competition Authority in merger control.
Press contact:
Elise Hermant, Media and Reputation Department Manager +33 1 74 25
23 23
Investor
Relations: Aurélie Cohen, Head of Investor Relations +33 1 74 25 70
64 - invest@adp.fr
Groupe ADP builds, develops and
manages airports, including Paris-Charles de Gaulle, Paris-Orly and
Paris-Le Bourget. In 2016, the group handled, through Paris
Aéroport, more than 97 million passengers and 2.2 million metric
tonnes of freight and mail at Paris-Charles de Gaulle and
Paris-Orly, and more than 42 million passengers at airports abroad
through its subsidiary Aéroports de Paris Management. Boasting an
exceptional geographic location and a major catchment area, the
Group is pursuing its strategy of adapting and modernising its
terminal facilities and upgrading quality of services; the Group
also intends to develop its retail and real estate businesses. In
2016, Group revenue stood at €2,947 million and net income at €435
million.
Registered office: 1, rue de
France, Tremblay en France 93290. Aéroports de Paris is a public
limited company (Société Anonyme) with share capital of
€296,881,806. Registered in the Bobigny Trade and Company
Register under no. 552 016 628
groupeadp.fr
Aéroports de Paris SA:project of
disposal of the 80% stake in Hub Safe
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Aéroports de Paris via Globenewswire
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