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| Native name | Società Azionaria Gestione Aeroporto Torino S.p.A. |
|---|---|
| Company type | private Società per Azioni |
| Industry | Airport operator |
| Headquarters | 12 Strada San Maurizio, Caselle Torinese, Italy |
| Revenue |  €58,161,615 (2014) |
| Operating income |  €1,727,164 (2014) |
| Net income | €3,356,723 (2014) |
| Total assets |  €118,553,793 (2014) |
| Total equity | €45,803,975 (2014) |
| Owner |
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| Parent |
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| Subsidiaries |
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| Website | Official 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
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
- ^ "2014 Annual Report" (PDF). Società Azionaria Gestione Aeroporto Torino. 29 October 2015. Retrieved 15 March 2016.
- "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.
- "Nota Stampa" (PDF) (in Italian). F2i SGR. 27 December 2012. Retrieved 15 March 2016.
- "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.
- "2013 Bilancio" (PDF) (in Italian). Aeroporto Guglielmo Marconi di Bologna. 23 June 2014. Retrieved 15 March 2016.
- "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.
- "Exclusive: Italy's F2i to sell stake in airport holding company". Reuters. 22 May 2014. Retrieved 15 March 2016.
- "Azionisti rilevanti di AEROPORTO GUGLIELMO MARCONI DI BOLOGNA SPA". CONSOB. 8 March 2016. Retrieved 10 March 2016.
- "F2i. AdF SpA: agreement reached between Aeroporti Holding Srl and Cedicor SA". World Aeronautical Press Agency. 27 February 2014. Retrieved 15 March 2016.