Brussels Airport - General, Pressroom

Sale of Macquarie's stake in Brussels Airport Company finalised

PMV joins the consortium formed by APG, QIC and Swiss Life

On 4 December last, the sale of the stake held by the two Macquarie investment funds in Brussels Airport to a consortium formed by APG, QIC and Swiss Life was finalised. This Friday, a fourth shareholder, Sky Holding Belgium Fund, managed by the investment company PMV, has joined the consortium. However, these transactions do not bring about any change in the direct shareholding or the governance of Brussels Airport Company.

Last March, the investment funds Macquarie European Infrastructure Fund 1 and 3 entered into an agreement to sell their 36% stake in Brussels Airport Company (BAC) to a consortium formed by the Dutch pension fund APG, the Australian investor QIC and the insurer Swiss Life. The sale by Macquarie was officially completed on Wednesday.

On Friday, the Sky Holding Belgium Fund, managed by the Belgian investment company PMV, announced the acquisition of a minority stake in the above-mentioned new consortium, indirect shareholder of Brussels Airport Company. This fund regroups five Belgian investors: Pension fund Metal, insurance company Patronale Life, pension fund manager ‘Pensioenfonds Bouw’, investment fund Epico and PMV.

These two transactions do not bring about any changes in the shareholding or governance of Brussels Airport Company. Indeed, it will continue to be held by its two direct shareholders: the private company BAISA, which holds 75% of the shares, and the Federal Participation and Investment Company (SFPI-FPIM), which holds the remaining 25%.

Brussels Airport would like to thank Macquarie for the successful collaboration over the past 15 years. Brussels Airport welcomes the arrival of new indirect shareholders which confirms the attraction of Brussels Airport Company for institutional investors with a long-term vision.

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About Brussels Airport

Brussels Airport is one of the most important airports in Europe. In 2024, Brussels Airport welcomed 23.6 million passengers and transported 733,000 tonnes of cargo through the airport. Brussels Airport caters for the specific needs of business travellers and holidaymakers alike, on both intra-European and long haul flights. In 2025, the airport offers direct connections between Belgium and 210 destinations worldwide, with flights operated by 80 airlines.   

The airport also offers a leading cargo platform, specialised in the transport of pharmaceutical products, perishable goods, e-commerce and live animals. Brussels Airport is the most important pharmaceutical hub in Europe with the largest area of temperature-controlled warehouses.  

With its SHIFT 2027 strategy, launched in 2022, Brussels Airport Company intends to strengthen its position as a major European hub, accelerate its ambitious sustainability goals, e.g. through the European Green Deal project Stargate, and continue to diversify its activities by focusing on innovation and cooperation.

Brussels Airport is the second most important economic engine in Belgium, good for 64,000 direct and indirect jobs and is owned and operated by Brussels Airport Company. The shareholders are a consortium of private investors (75%) and the Belgian State (25%).Follow Brussels Airport on Twitter, Linkedin, Instagram, TikTok and Facebook.  

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www.brusselsairport.be