Airports

The Morrison & Co Airport Group was one of the world's first Airport investor operators. The team has taken part in over 40 privatisation and secondary sale processes.

Today, through its management of Infratil, Morrison & Co oversees four controlling stakes in airports. Morrison & Co also manages a minority stake in Auckland International Airport of approximately 7.1% on behalf of the New Zealand Superannuation Fund. The Airport Group boasts a strong track record of driving airport growth and developing powerful local brands while maintaining excellent relationships with stakeholders and the public sector.

Results

Wellington Airport

In 1998 Morrison & Co acted for Infratil in a competitive process and secured a 66% stake in Wellington International Airport. Immediately following the transaction, Morrison & Co was responsible for the transition from local government to private control. Under Infratil's onwership and Morrison & Co's management, Wellington Airport has delivered substantial improvements in capacity and financial performance. Morrison & Co maintains strong relationships with the airport's minority shareholder, the Wellington City Council. The airport serves approximately 4.7 million predominantly domestic passengers per year.
Find out more www.wellington-airport.co.nz

Glasgow Prestwick

In January 2001, Morrison & Co acted for Infratil in the acquisition of Glasgow Prestwick International Airport. Upon acquisition, Morrison & Co identified new management and established a business plan for future growth. The airport is approximately 35 minutes' drive from Glasgow and is served by a dedicated rail station. The airport serves just under 3 million passengers per year.
Find out more www.gpia.co.uk

Kent International Airport

Morrison & Co acted for Infratil in the purchase of Kent International Airport out of administration in 2005. Kent International Airport is located approximately 110km east of London and is well placed to capture freight and passenger traffic as capacity constraints are reached at London area airports.
Find out more www.kentinternationalairport-manston.com

Hamburg Lübeck

Morrison & Co acted for Infratil in the 90% purchase of Hamburg Lübeck airport in 2005. The remaining 10% is owned by the City of Lübeck. The airport is 7 km south of Lübeck and has excellent transport links with the metropolitan region of Germany's second-largest city, Hamburg, which is only 60 km to the southwest.
Find out more www.flughafen-luebeck.net

Auckland International Airport

Morrison & Co acquired and manages 7% stake in Auckland International Airport on behalf of the New Zealand Superannuation Fund.
Find out more www.auckland-airport.co.nz

Team

Tim Brown

Tim Brown - Capital Markets and Economic Regulation

Tim joined Morrison & Co in 1994 after 12 years at the National Bank of NZ including as head of capital markets. At Morrison & Co he has been involved in financing, capital market transaction and economic regulation. He is a director of Wellington Airport and NZ Bus.

 

Paul Ridley-Smith

Paul Ridley-Smith - General Counsel

Paul manages legal and execution strategy for Morrison & Co and Infratil and has been closely involved in all of Infratil's major acquisitions and disposals. He serves on the board of Infratil Airports Europe and has previously been on the board of Wellington Airport. In addition, he is chairman of Isite (out of home advertising) and Snapper Services (smartcard solutions), some of Infratil's more entrepreneurial businesses. Paul joined Morrison & Co in 1998 and previously practiced law in Hong Kong and New York as well as New Zealand.

 

Matthias Seidenstuecker

Matthias Seidenstuecker

Based in Germany, Matthias is focused on the identification and assessment of potential airport acquisitions. Matthias has worked for Morrison & Co since 1991 and prior to that he worked in corporate finance and infrastructure advisory roles for a global investment bank.

 

Phil Walker

Phil Walker

Phil brings significant industry experience to Morrison & Co's airports group. He has been involved in over forty airport sales processes and is a director of Infratil Airports Europe. His previous experience includes six years as Executive Director, Brisbane International Airport and 20 years with Qantas.