By Brazil Stock Guide – Motiva Infraestrutura de Mobilidade S.A. (B3: MOTV3), formerly part of CCR Group, confirmed what the market had been expecting: the company has advanced to the binding-offer phase in the sale of its airport assets — a deal that could be worth as much as R$12 billion, according to estimates already circulated among analysts and investors.
Motiva, one of Brazil’s largest airport operators, manages 17 airports across the country and three in Latin America, located in Ecuador, Costa Rica, and Curaçao. Its network handles around 43 million passengers a year and more than 60,000 tons of cargo, positioning the company as a key regional player.
In a market notice released Tuesday (Oct. 7), Motiva said it is reviewing binding bids together with its advisors to define the next steps of the competitive process. The company emphasized that no binding agreement has yet been signed with any of the interested parties.
The transaction, long anticipated by the market, is part of Motiva’s broader effort to recycle capital and strengthen liquidity amid Brazil’s ongoing airport-sector consolidation. For Motiva, a spinoff from CCR, the sale would mark a pivotal shift — allowing it to redeploy proceeds into higher-margin mobility and logistics projects while reducing exposure to long-term regulated concessions.fitable, less regulated operations.
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