Recovery of mergers and acquisitions in the aeronautics sector

Integral service around a transaction
BY : Diego GutiérrezNovember Thu, 2014
After several years of little movement in the Spanish aeronautical sector caused mainly by the crisis, 2013 saw a slight recovery. Nine purchase operations were carried out in our country, a number that triples the 3 operations carried out in 2011. In addition, the operations carried out last year were for quite high amounts.

Slide 1

 Operations in 2014: purchase of foreign companies

In 2014, Spanish companies have carried out a number of projects operations of purchases by foreign companies in very different sub-sectors.

In the manufacturing sector, Aciturri has bought the 50% from lusa Caetano Aeronautico to begin its expansion into the neighbouring country, taking advantage of the new business opportunities that this company can provide. Last year, the Portuguese company started its activity as a second level supplier (TIER 2) for different civilian and military programmes in the country. Airbus.

Amadeus ITthe tourism technology services company, bought UFIS Airport Solutionsa technology provider specialising in airport solutions, an operation that represents "a further step" in the company's policy of expansion in the airport segment.


 Top 5 Most active buyers in recent years

Slide 2

 The buyer most active in recent years is IAGwhich already bought in 2012 the 100% from BMI to Lufthansa. Last year, through two takeover bids, it acquired the 97% from flying, and this year 2014, after the exclusion of Lufthansa, it has been awarded the 97%. Vueling Stock Exchange, IAG has continued to make purchases and has now reached 99.36% of the capital.

"IAG wants to continue to grow and has set itself the challenge of closing an airline deal in the next financial year" says Diego de Abra Invest.

Abertis has also made several deals in the sector in recent years, most recently the purchase last year of a 16.4% of HispasatThe Spanish satellite operator, which was held by the Instituto Nacional de Técnica Aeroespacial (Inta), which led it to acquire 57.05% of the company.

Other posts that may interest you

List of mergers and acquisitions in the aeronautics sector

Venture capital in the aeronautics industry

List of aviation industry risk capital



The M&A Professionals

Meet our services


Do you want to be up to date?


Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?