Finance
Ardian and Finint Infrastrutture jointly agree to buy Venice's airport operator
Published by Global Banking and Finance Review
Posted on October 15, 2025
2 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on October 15, 2025
2 min readLast updated: January 21, 2026
Ardian and Finint Infrastrutture will jointly acquire Milione Spa, operator of Venice's airport, for €1.2 billion. The deal aims to enhance the Italian North-East Airport System.
MILAN (Reuters) -Investment firm Ardian and Italian asset management company Finint Infrastrutture have signed an agreement to jointly acquire Milione Spa, the holding company that controls Save, operator of several airports including Venice's Marco Polo.
The transaction, expected to close between late 2025 and early 2026, gives the company an equity value of roughly 1.2 billion euros ($1.4 billion), according to a source close to the matter. Including debt, the value rises to 2.1 billion euros.
Milione was controlled by DWS Infrastructure and Infravia Capital Partners.
The two companies said on Wednesday their partnership was "aimed at supporting the growth of both Save and the (Italian) North-East Airport System, as well as at establishing a strategic operator to pursue new acquisitions as part of an external growth strategy."
Save manages a network of airports including Venice, Verona, Treviso and Brescia in northern Italy, and holds a stake in Charleroi airport in Belgium.
Mediobanca and Intesa Sanpaolo acted as financial advisors to Ardian, while Finint Infrastrutture was supported by Banca Finint and Goldman Sachs. Infravia and DWS were assisted by Rothschild and Morgan Stanley.
($1 = 0.8598 euros)
(Reporting by Elisa and Elvira PollinaEditing by Keith Weir)
An acquisition occurs when one company purchases most or all of another company's shares to gain control of that company.
Equity value is the total value of a company's shares outstanding, representing the ownership interest of shareholders.
Financial advisors are professionals who provide guidance on investments, financial planning, and wealth management to individuals and organizations.
Infrastructure investment involves funding projects that provide essential services, such as transportation, utilities, and communication systems.
A holding company is a parent corporation that owns enough voting stock in another company to control its policies and management.
Explore more articles in the Finance category
