Finance
Investment firm 3i infrastructure to sell TCR stake for $1.3 billion
Published by Global Banking & Finance Review®
Posted on March 5, 2026
1 min readLast updated: March 5, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 5, 2026
1 min readLast updated: March 5, 2026
3i Infrastructure has agreed to sell its 71% stake in airport ground support equipment firm TCR for €1.14 billion (around $1.32 billion), realizing a 22% gain over its September valuation, with proceeds earmarked to reduce debt and support new investments.
March 5 (Reuters) - Investment firm 3i Infrastructure on Thursday agreed to sell its 71% stake in airport equipment firm TCR for 1.14 billion euros ($1.32 billion).
3i Infrastructure, which first invested in Belgium-based TCR in 2016, said the proceeds are 22% higher than the value as of September 30.
TCR is the world's largest independent lessor of airport ground support equipment with operations at over 230 airports across 20 countries, 3i Infrastructure's website showed.
3i Infrastructure, which was spun off from parent 3i Group and listed in London in 2007, will use the proceeds to repay drawings from its revolving credit facility and fund further investments, it said.
($1 = 0.8621 euros)
(Reporting by Prerna Bedi in Bengaluru; Editing by Mrigank Dhaniwala and Subhranshu Sahu)
3i Infrastructure agreed to sell its 71% stake in TCR.
The 71% stake in TCR is being sold for 1.14 billion euros or $1.32 billion.
TCR is the world's largest independent lessor of airport ground support equipment.
TCR has operations at over 230 airports across 20 countries.
Proceeds will repay drawings from its revolving credit facility and fund further investments.
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