3i Infrastructure to divest 71% stake in TCR, an airport ground support equipment leasing provider, for EUR 1.14bn
Type: Sale · Technology: Transport · Country: Belgium · Value: $1.14B · Announced: 2026-03-05
A EUR 1.14 billion divestment sees 3i Infrastructure exit its 71% stake in TCR. Deutsche Bank advised on the sale of the Belgium-based airport ground support equipment leasing.
Analysis
3i Infrastructure is divesting its 71% stake in TCR, a Belgium-based global leader in airport ground support equipment leasing. The EUR 1.14 billion sale sees the firm, which services over 180 airports across 40+ countries, transition ownership. Deutsche Bank advised on the sell-side for this significant transport sector transaction. With regulatory approvals pending, the deal has a notably long runway, targeting completion in Q3 2026.
Key points
- EUR 1.14bn sale price for 71% stake.
- TCR operates across 180+ airports in 40+ countries.
- Q3 2026 target for deal completion.
- Deutsche Bank served as sell-side M&A advisor.
Counterparties
- 3i Infrastructure (Seller)
- Deutsche Bank (Advisor)
- TCR (Target)