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Fernweh Group acquires Cavotec

Arrowpoint Advisory’s Industrials team has advised Switzerland-based Cavotec SA (Cavotec) on the carve out and disposal of its Airports Division to US-based investment group Fernweh Group. Cavotec Airports Division will now be known as Dabico Airports Solutions (Dabico).

Cavotec is a global engineering group, headquartered in Lugano, Switzerland, and listed on the Nasdaq OMX in Stockholm, Sweden. Cavotec designed and manufactured automated connection and electrification systems for ports, industrial, and airport applications worldwide before making the decision in 2021 to streamline its strategy and divest its Airports division. Cavotec will now focus solely on the growing markets for sustainability solutions in ports & maritime and wider industrial applications.
 
With its heritage dating back to 1955, Dabico is a specialist in the airport ground support equipment industry and offers a comprehensive range of products for both the civil and military sectors – from contact gates, remote aprons, hangarage, 400Hz and 28V DC ground power units to pre-conditioned air systems, wet services, fuel systems (combined either with passenger boarding bridges or in-ground pits), and tunnel systems. With extensive experience and technological expertise, Dabico enables airports and customers to maximize safety, availability, efficiency, and environmental sustainability. Based in the United States, Dabico is globally focused and has operations spanning North America, Europe, Middle East, and Asia.
  

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