ASUR Enhances Its Latin American Presence with Motiva Acquisition

Post by : Bianca Suleiman

Grupo Aeroportuario del Sureste (ASUR), a top airport operator in Mexico, has made a significant move into Latin America by acquiring Motiva’s airport portfolio for 11.5 billion reais ($2.16 billion). This major transaction, which includes both direct payment and assumption of net debt, is among the largest airport acquisitions in the region this year.

With this purchase, ASUR brings 17 Brazilian airports into its management fold, in addition to key international hubs located in Quito, Ecuador; San Jose, Costa Rica; and Curacao. This expansion is projected to increase ASUR’s total annual passenger count from 71 million to over 116 million by 2024.

ASUR, which already operates in Mexico, Colombia, and Puerto Rico, expands into four new markets in Latin America, most notably Brazil, the largest aviation market in the region. This acquisition is in line with ASUR’s strategic goal of enhancing its regional footprint and diversifying its operations.

For Motiva, this sale signifies a shift towards focusing on its core infrastructure ventures like highways and railways. The company anticipates a marked improvement in its net debt ratio following the completion of this deal, allowing for more strategic investments.

The transaction is slated to be completed by the first half of 2026, pending regulatory approvals. Analysts remark that this acquisition positions ASUR as a key player in the airport sector across Latin America, enhancing its capacity to manage increasing passenger traffic while further establishing its geographic presence.