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Arlandastad Group acquires Stockholm Skavsta

25 maj 2022

Arlandastad Group AB acquires 90.1% in Stockholm Skavsta Flygplats AB and will develop 4.84 million square meters of land in partnership with Nyköping municipality. The zoning work for the first stage is already underway. The purchase price is SEK 117 million, of which SEK 29 million is paid in cash and the remainder by taking over debts. Closing will take place during April 2022. The acquisition concerns the company Airports Worldwide Sweden Holding AB, which is owned by French Vinci Airports.

The municipality of Nyköping, which still owns 9.9% of the company, is currently working on new zonal plans for the first stage, an area which comprises approximately 600,000 sq.m. of a total of 4.84 million sq.m.

– This project suits us perfectly, it has the same potential as our project in Arlandastad. Nyköping has a very attractive location with proximity to Stockholm, the E4, the Baltic Sea’s deepest port in Oxelösund, the planned Ostlänken railway and, not least, an airport with foreign destinations. The first stage includes an expanded project portfolio of between SEK 5–10 billion, a significant addition to our existing project portfolio, which prior to the acquisition amounts to approximately SEK 40 billion, says Dieter Sand, President and CEO, Arlandastad Group.

Read more: Arlandastad Group acquires Skavsta Airport – develops business park, logistics and solar farm | Arlandastad Group