ASUR Buys Zurich’s Stake in Belo Horizonte Airport for US$21.5 Million
Mexico’s ASUR is buying Zurich Airport’s 12.75% stake in BH Airport, operator of Belo Horizonte’s Confins terminal, for about US$21.5 million. The post ASUR Buys Zurich’s Stake in Belo Horizonte Airport for US$21.5 Million appeared first on The Rio Times .
Mexican airport group ASUR has purchased Zurich Airport's 12.75 percent stake in Belo Horizonte's Tancredo Neves International Airport for approximately US$21.5 million. ASUR's acquisition was announced on August 21, 2026. The purchase price of R$109.5 million (about US$21.5 million) values the concession as a whole at roughly R$859 million (about US$169 million).
This transaction comes as Zurich Airport reduces its exposure to Latin America and seeks a governance position without control. ASUR, which operates nine airports in southeast Mexico, sees Brazil as the largest aviation market in the region, despite its least exposure to it. The airport handles around 10 million passengers annually and serves as a domestic hub, with connections concentrated on São Paulo, Brasília, and Rio de Janeiro.
Confins is also a key cargo and business-travel destination due to Minas Gerais' mining and business activity. The concession remains in effect until 2044, providing ASUR with a stable income instrument during the weak cycle.
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