Società Azionaria Gestione Aeroporto Torino

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SAGAT
Native name
Società Azionaria Gestione Aeroporto Torino S.p.A.
Company typeprivate Società per Azioni
IndustryAirport operator
Headquarters12 Strada San Maurizio,
Caselle Torinese
,
Italy
RevenueSteady €58,161,615 (2014[1])
Increase €1,727,164 (2014[1])
Increase €3,356,723 (2014[1])
Total assetsDecrease €118,553,793 (2014[1])
Total equityDecrease €45,803,975 (2014[1])
Owner
Parent
Subsidiaries
  • Aeroporti Holding (55.45%)
WebsiteOfficial website

Società Azionaria Gestione Aeroporto Torino S.p.A. (SAGAT) is the operator of Turin Airport. The controlling interests of the company was purchased by Italian Infrastructures Investment Fund I in January 2013.

History[edit]

In December 2012 Italian Infrastructures Investment Fund I (F2i First Fund) acquired 28% stake of SAGAT from FCT Holding, a subsidiary of the Comune of Turin, for €35 million.[2] The fund acquired a further 22.786% from Sintonia, a holding company for Benetton family in the same month. Sintonia sold their 24.385% stake to F2i and Tecnoinvestimenti (1.599%, a subsidiary of Tecno Holding, owned by several chambers of commerce), for €30.5 million, after failing to bid the stake held by the Comune of Turin.[3][4] The shares held by Aeroporto Guglielmo Marconi di Bologna (4.13%) was purchased by 2i Aeroporti and Tecnoinvestimenti for €5.166 million on 27 January 2014.[5] F2i First Fund sold 49% shares of 2i Aeroporti to Ardian and Crédit Agricole Assurances in February 2015.[6][7]

Shareholders[edit]

As of 31 December 2014

Subsidiaries[edit]

Aeroporti Holding S.r.l., a joint venture of SAGAT (55.45%),[1] Equiter (35.31% stake)[1] and Tecnoinfrastrutture (9.24%),[1] was a minority owner of Aeroporto Guglielmo Marconi di Bologna (5.913%)[8] and Aeroporto di Firenze (AdF; 33.402% stake), the operator of Bologna and Florence Airport, respectively. The minority interests in AdF was sold to Corporación América in February 2014.[9]

References[edit]

  1. ^ a b c d e f g h "2014 Annual Report" (PDF). Società Azionaria Gestione Aeroporto Torino. 29 October 2015. Retrieved 15 March 2016.
  2. ^ "Aircraft and finance. F2i acquires a 28% stake in Sagat, the management firm of Turin Airport". World Aeronautical Press Agency. 19 December 2012. Retrieved 15 March 2016.
  3. ^ "Nota Stampa" (PDF) (in Italian). F2i SGR. 27 December 2012. Retrieved 15 March 2016.
  4. ^ "Sagat, Sintonia finalizza cessione quota a F2i e Tecnoinvestimenti". Reuters (in Italian). 21 January 2013. Archived from the original on 15 March 2016. Retrieved 15 March 2016.
  5. ^ "2013 Bilancio" (PDF) (in Italian). Aeroporto Guglielmo Marconi di Bologna. 23 June 2014. Retrieved 15 March 2016.
  6. ^ "F2i CHOOSES ARDIAN AND CREDIT AGRICOLE ASSURANCES TO PURSUE ITS DEVELOPMENT IN THE AIRPORT INDUSTRY" (PDF). Ardian, Crédit Agricole Assurances and F2i SGR. 6 February 2015. Retrieved 15 March 2016.
  7. ^ "Exclusive: Italy's F2i to sell stake in airport holding company". Reuters. 22 May 2014. Retrieved 15 March 2016.
  8. ^ "Azionisti rilevanti di AEROPORTO GUGLIELMO MARCONI DI BOLOGNA SPA". CONSOB. 8 March 2016. Retrieved 10 March 2016.
  9. ^ "F2i. AdF SpA: agreement reached between Aeroporti Holding Srl and Cedicor SA". World Aeronautical Press Agency. 27 February 2014. Retrieved 15 March 2016.

External links[edit]