At Eubelius, we are proud to have assisted PMV in successfully completing the closing formalities for the increase of their indirect stake in Brussels Airport, following the acquisition of shares from the Canadian pension fund Ontario Teachers' Pension Plan. This milestone positions PMV as the largest shareholder of the airport.
The transaction closed on 8 December 2025 following the successful completion of a process that included merger control and FSR filings. Among others, the Belgian Competition Authority (BCA) was competent to review the deal. On 1 October 2025 the BCA concluded that the transaction raises no competition concerns and granted unconditional clearance.
It has been a privilege to support PMV throughout this important transaction, which results in increased ownership of a major infrastructure asset and is intended to support the sustainable, long-term development of Brussels Airport, an important hub for connectivity and economic activity in Belgium.
Eubelius' Competition & EU Law team, composed of Jan Bocken, Kim Gillade, Reinout Leys, and Sophie Devogele, assisted PMV throughout the clearance process.
