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PLMJ advises ASA on the sale of 51% of the share capital of Cabo Verde Handling to SwissportPhoto by DirkDanielMann on Pexels
Business
Investments

PLMJ advises ASA on the sale of 51% of the share capital of Cabo Verde Handling to Swissport

Eco14 September 2026 at 16:57

PLMJ advised ASA on the sale of 51% of the shares representing Cabo Verde Handling to Swissport, successfully concluding the privatization process of the company. The operation represents a milestone in the transformation strategy of Cabo Verde's airport sector.

The established partnership is aligned with the country's strategic priorities, seeking to position Cabo Verde as an air hub and enhance the benefits of the airport concession to Vinci Airports.

PLMJ accompanied ASA through all phases of the operation, from the structuring and conduct of the privatization process to the negotiation of the legal instruments of the transaction and the respective closing.

The PLMJ team was led by Carla F. Machado, partner in the Public practice area, and also included Diogo Duarte de Campos, Pedro Siza Vieira, Duarte Schmidt Lino, as well as lawyers Domingos Braga and João Palmeiro Carrilho.

Why this matters

The conclusion of this privatization marks a significant milestone in Cabo Verde's airport sector, potentially affecting the handling services available in the country. The partnership with Swissport, an international specialized company, aims to strengthen Cabo Verde's position as a regional air hub, benefiting the economy and the tourism sector of the archipelago.

About this summary

This is our short summary of a report published by Eco on 14 September 2026 at 16:57; the full text stays with the publisher. In our feed it sits under Business. We currently carry 22688 items in that section.

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