Antin Infrastructure Partners is set to acquire a majority stake in Swiftair Group to enhance its growth in the airfreight sector, with founder Salvador Moreno continuing as a minority shareholder and leader.

Target Company Overview

Antin Infrastructure Partners has announced its decision to acquire a majority stake in Swiftair Group, an express airfreight operator headquartered in Madrid. Founded in 1996 by Salvador Moreno, Swiftair has established itself as a key player in the airfreight industry by operating a fleet of 71 aircraft servicing over 77 routes in more than 45 countries. The company has built a strong client base that includes prominent companies such as DHL, FedEx, UPS, Royal Mail, and La Poste. In 2024, Swiftair is projected to generate net revenue of €342 million and employs a dedicated team of over 1,350 staff members. Additionally, the company owns a hangar at Madrid Barajas Airport and manages 38 maintenance centers essential for its operational efficiency.

Industry Overview in Spain

The express airfreight industry in Spain has been experiencing significant growth, driven by the increasing demand for rapid delivery services in both domestic and international markets. The rise of e-commerce has greatly contributed to this trend, as consumers and businesses alike seek quick and reliable shipping options. Spain's strategic location as a transport hub for Europe further enhances its attractiveness for airfreight operators, facilitating the movement of goods across borders effectively.

In recent years, the integration of advanced technologies in logistics and supply chain management has transformed the airfreight landscape. Companies are now leveraging data analytics, real-time trackin