M&A Deal Summary

Deutsche Lufthansa Acquires Germanwings

On December 8, 2008, Deutsche Lufthansa acquired airliner Germanwings from Eurowings

Acquisition Highlights
  • This is Deutsche Lufthansa’s 1st transaction in the Airlines sector.
  • This is Deutsche Lufthansa’s 1st transaction in Germany.

M&A Deal Summary

Date 2008-12-08
Target Germanwings
Sector Airlines
Buyer(s) Deutsche Lufthansa
Sellers(s) Eurowings
Deal Type Divestiture

Target

Germanwings

Cologne, Germany
Germanwings GmbH is an airline serving passengers and providing cargo transport services.

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Buyer(S) 1

Buyer

Deutsche Lufthansa

Cologne, Germany

Category Company
Founded 1926
Sector Airlines
Employees98,739
Revenue 35.4B EUR (2023)
DESCRIPTION

Deutsche Lufthansa is a German airline serving passengers and providing cargo transport services. Deutsche Lufthansa was founded in 1926 and is based in Cologne, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Airlines M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2008 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-21 AirPlus

Neu-Isenburg, Germany

AirPlus is a provider of corporate payment services, offering company accounts, virtual cards, and corporate cards to a diversified base of about 53,000 corporate customers. The company is operating on a modern IT platform after having made significant investments in its IT transformation for several years. AirPlus is based in Neu-Isenburg, Germany.

Sell €450M

Seller(S) 1

SELLER

Eurowings

Dusseldorf, Germany

Category Company
Founded 1992
Sector Airlines
DESCRIPTION

Eurowings GmbH is an airline serving passengers and providing cargo transport services.


DEAL STATS #
Overall 1 of 1
Sector: Airlines M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2008 M&A 1 of 1