| SAGAT | |
| Native Name: | Società Azionaria Gestione Aeroporto Torino S.p.A. |
| Native Name Lang: | it |
| Type: | private Società per Azioni |
| Industry: | Airport operator |
| Founders: | --> |
| Hq Location: | 12 Strada San Maurizio |
| Hq Location City: | Caselle Torinese |
| Hq Location Country: | Italy |
| Revenue: | €58,161,615 |
| Revenue Year: | 2014[1] |
| Operating Income: | €1,727,164 |
| Income Year: | 2014 |
| Net Income: | €3,356,723 |
| Net Income Year: | 2014 |
| Assets: | €118,553,793 |
| Assets Year: | 2014 |
| Equity: | €45,803,975 |
| Equity Year: | 2014 |
Società Azionaria Gestione Aeroporto Torino S.p.A. (SAGAT) is the operator of Turin Airport. The controlling interests of the company was purchased by Italian Infrastructures Investment Fund I in January 2013.
In December 2012 Italian Infrastructures Investment Fund I (F2i First Fund) acquired 28% stake of SAGAT from FCT Holding, a subsidiary of the Comune of Turin, for €35 million.[2] The fund acquired a further 22.786% from Sintonia, a holding company for Benetton family in the same month. Sintonia sold their 24.385% stake to F2i and Tecnoinvestimenti (1.599%, a subsidiary of Tecno Holding, owned by several chambers of commerce), for €30.5 million, after failing to bid the stake held by the Comune of Turin.[3] [4] The shares held by Aeroporto Guglielmo Marconi di Bologna (4.13%) was purchased by 2i Aeroporti and Tecnoinvestimenti for €5.166 million on 27 January 2014.[5] F2i First Fund sold 49% shares of 2i Aeroporti to Ardian and Crédit Agricole Assurances in February 2015.[6] [7]
Aeroporti Holding S.r.l., a joint venture of SAGAT (55.45%),[1] Equiter (35.31% stake)[1] and Tecnoinfrastrutture (9.24%),[1] was a minority owner of Aeroporto Guglielmo Marconi di Bologna (5.913%)[8] and Aeroporto di Firenze (AdF; 33.402% stake), the operator of Bologna and Florence Airport, respectively. The minority interests in AdF was sold to Corporación América in February 2014.[9]