Explore All 25 Divestiture Airlines Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | March 1, 1999 |
| Target | Worldwide Flight Services |
| Sector | Airlines |
| Buyer(s) | Castle Harlan |
| Sellers(s) | American Airlines |
| Deal Type | Divestiture |
| Deal Value | 75M USD |
FILTER BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 6.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Castle Harlan is a large private equity firm that targets private company investments in the US and Australia. Castle Harlan targets businesses in a wide range of industries that include, packaging, industrial services, manufacturing, restaurants, business services, distribution, publishing, and transportation. Castle Harlan can provide both equity and mezzanine capital. The Firm is affiliated with Australian private equity firm CHAMP Private Equity, and together formed CHAMP - Castle Harlan Australian Mezzanine Partners. Castle Harlan was formed in 1987 and is based in New York City.
| Deal Context for Buyer | # |
|---|---|
| Overall | 16 of 48 |
| Sector: Airlines | 1 of 1 |
| Type: Divestiture | 2 of 7 |
| Country: France | 1 of 2 |
| Year: 1999 | 3 of 4 |
| Size (of disclosed) | 19 of 22 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-02-01 |
Verdugt BV
Tiel, Missouri, Netherlands A group of acid salts businesses that produces and distributes organic salts used in the food, chemical, pharmaceutical, and agricultural industries. Headquartered in Tiel, the Netherlands, Verdugt operates principally in Western Europe, where many of its products are market-leaders. CHPIII led a group of investors in purchasing Verdugt in February 1999. Company employees, including the existing management team, were retained as part of the transaction. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-11-03 |
Adobeair
Phoenix, Arizona, United States AdobeAir is a manufacturer of evaporative coolers and electric space heaters with a well established brand name. We realized value in this business by strengthening management, focusing on product extensions, implementing demand flow manufacturing, and reducing working capital. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1930 |
| Sector | Airlines |
| Employees | 132,800 |
| Revenue | 54.2B USD (2024) |
American Airlines is the holding company for American Airlines that offers an average of nearly 6,700 flights per day to nearly 350 destinations in more than 50 countries. It is a founding member of the oneworld alliance, whose members and members-elect serve nearly 1,000 destinations with 14,250 daily flights to 150 countries. American Airlines was incorporated in 1930 and is based in Fort Worth, Texas.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Airlines | 1 of 1 |
| Type: Divestiture | 1 of 2 |
| Country: France | 1 of 1 |
| Year: 1999 | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-09-15 |
American Beacon Advisors
Irving, Texas, United States American Beacon Advisors is a provider of investment advisory services to institutional and retail markets. American Beacon Advisors serves defined benefit plans, defined contribution plans, foundations, endowments, corporations, and other institutional investors, as well as retail clients. American Beacon Advisors was founded in 1986 and is based in Irving, Texas. |
Sell | $480M |
