Supriya Ghosh (Editor)

Società Azionaria Gestione Aeroporto Torino

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Industry
  
Airport operator

Profit
  
€3,356,723 (2014)

Revenue
  
58.16 million EUR (2014)

Net income
  
3.357 million EUR (2014)

Total equity
  
45.8 million EUR (2014)

Operating income
  
€1,727,164 (2014)

Headquarters
  
Caselle Torinese

Founded
  
1956

Total assets
  
118.6 million EUR (2014)

Native name
  
Società Azionaria Gestione Aeroporto Torino S.p.A.

Type
  
private Società per Azioni

Owner
  
2i Aeroporti (54.46%) Equiter (12.40%) FCT Holding (10%) Finpiemonte Partecipazioni (8%) Tecnoinfrastrutture (6.76%) Metropolitan City of Turin (5.00%) Aviapartner (0.42%)

Parent organizations
  
Primo Fondo Italiano per le Infrastrutture, 2i Aeroporti SpA

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.

Contents

History

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. 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. 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. F2i First Fund sold 49% shares of 2i Aeroporti to Ardian and Crédit Agricole Assurances in February 2015.

Shareholders

As of 31 December 2014
  • 2i Aeroporti, a joint venture of Primo Fondo Italiano per le Infrastrutture, Ardian and Crédit Agricole Assurances (54.46%)
  • Equiter, a subsidiary of Intesa Sanpaolo (12.40%)
  • FCT Holding, a subsidiary of the Comune of Turin (10%)
  • Finpiemonte Partecipazioni, a subsidiary of Piedmont Region (8%)
  • Tecnoinfrastrutture, a subsidiary of Tecno Holding (6.76%)
  • Metropolitan City of Turin (5.00%)
  • Aviapartner (0.42%)
  • treasury stock (2.96%)
  • Subsidiaries

    Aeroporti Holding S.r.l., a joint venture of SAGAT (55.45%), Equiter (35.31% stake) and Tecnoinfrastrutture (9.24%), was a minority owner of Aeroporto Guglielmo Marconi di Bologna (5.913%) 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.

    References

    Società Azionaria Gestione Aeroporto Torino Wikipedia