From December, the Dutch airport operator Royal Schiphol Group will no longer cooperate with the Aéroports de Paris group, which in turn operates the airport of the French capital Paris.
There were mainly financial difficulties, says a Schiphol spokesperson.
The companies joined forces in 2008 to face the competition, following the example of the merger between the airlines Air France and KLM.
Schiphol and ADP started the collaboration in 2008 to exchange knowledge and personnel with each other and to purchase items together, such as snow throwers.
That went very well in the first few years, but in recent years its added value has diminished, says the spokesperson.
But the real stumbling block was financial.
Both companies bought 8 percent of the shares in each other as part of the deal.
That now had to be renegotiated to extend the agreement and no agreement was reached, says the spokesman.
Schiphol would certainly have wanted to continue with the collaboration, but "can live with it" that it will not be continued.
ADP has outperformed Schiphol in recent years
According to insiders, ADP was particularly troublesome.
The airport company has increased in value much more strongly than Schiphol in recent years and found that the interest of 8 percent was no longer in proportion.
ADP had an interest of 370 million euros in Schiphol, while Schiphol had the French company on its books for 640 million euros.
Schiphol tried to reach an agreement, but in the end ADP asked for too large a piece of the pie, it sounds like. Both companies must sell their shares within eighteen months of the termination of the agreement. In this case, that is May 30, 2023.