The Luxembourg investment company BIP - BGL INVESTMENT PARTNERS has acquired at the price of EUR 6.2 million, 2.15% of CARGOLUX from LUXEMPART. The operation increases BIP's stake in the Luxembourg airline company to 11.54%. CARGOLUX is the largest European company exclusively operating in the freight air transport sector and has a turnover of $739 million in 2000 and a record volume of 432,404 tonnes of freight.