MEXICO CITY and MONTREAL, Dec. 17, 2012 /PRNewswire/ — Grupo Aeromexico S.A.B. de C.V. (“Grupo Aeromexico” or “Aeromexico”) and Aimia Inc. (“Aimia”), announced today the successful closing of the previously announced acquisition by Aimia from Aeromexico of an additional 20% equity participation in Premier Loyalty & Marketing, S.A.P.I. de C.V. (“PLM”), owner and operator of Club Premier, Mexico’s leading coalition loyalty program, for US$88 million.
Grupo Aeromexico’s and Aimia’s equity participations in PLM now approximate 51% and 49%, respectively. Grupo Aeromexico and Aimia will continue their close collaboration and support of PLM’s management team in the execution of their strategy to enable PLM to achieve its full potential as Mexico’s leading coalition loyalty program.