AviaSolutions supports Deutsche’s successful airport acquisition
In 2017, Deutsche Asset Management engaged AviaSolutions to provide strategic and commercial due diligence advice for the acquisition of 60% of the SAVE Group – the operator of Venice (VCE) and Treviso (TSF) airports, and minority investor in Verona, Brescia and Cherleroi airports.
AviaSolutions provided comprehensive support including traffic forecasts, regulatory review and modelling, business plan and capital investment programme.
Deutsche Asset Management collaborated with Infravia and were selected as the winning bidders, with the deal closing in August 2017. Shortly after the announcement of the SAVE acquisition, Deutsche Bank appointed AviaSolutions to develop a further business plan for Verona Airport – one of the minority investments (40%) in SAVE’s portfolio.