Following the transaction, of undisclosed amount, H.I.G. become the majority shareholder alongside the Group’s Chairman Laurent Levaux, and management.
Aviapartner provides ground handling services for passengers and aircraft across 27 airports in 5 European countries (France, Germany, Belgium, Italy and the Netherlands). The Group, which generated sales of over €350 million in 2014, employs over 6,000 people and serves more than 50 million passengers per year.
With the support of H.I.G. Capital, Aviapartner will accelerate its growth and development strategy, through acquisitions and by expanding its operations in other European countries and in the African market.
The group handles over 300,000 flights on behalf of over 400 airlines and around 50 million passengers. Aviapartner is a leading European provider serving 27 airports. The Group employs around 6,000 people and generated sales of c. €350 million in 2014.