Asterion se adelanta a Apollo para comprar Freikin por 2.000 millones
El fondo español controlará una flota europea de alquiler de 50.000 furgonetas y camiones. Leer
The Spanish infrastructure fund, Asterion Industrial Partners, is set to make its second largest acquisition to date, purchasing French van rental company Fraikin for approximately 2.0 billion euros, according to market sources. Asterion, which already manages a fleet of 50,000 trucks and vans across Europe, outbid other potential buyers such as Apollo, Stonepeak, and DWS, securing the deal from current owners Benefit Street Partners, Varde Partners, and Canyon Partners.
Fraikin operates extensively in Spain, supporting local teams like Granollers in football, and generates over 1 billion euros in revenue, handling more than 50,000 vehicles in ten countries. The transaction, expected to close in the first quarter of 2027, expands Asterion's presence in transportation and mobility, where it already has holdings in Italian airport group, Spanish ambulance service SSG, and the BlueLease aircraft rental platform.
Fraikin's previous owners assumed control in 2018 following debt restructuring and new capital injection, having been previously owned by venture capital firms CVC and Eurazeo.
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