SilverArrow Acquires Majority Share Of PrivatAir In Switzerland
SilverArrow Capital, a UK based group of private investment firms focusing on industrial growth sectors, real estate and infrastructure projects supported by a leading global advisory and operations team, acquired a majority stake (51%) of PrivatAir SA.
SilverArrow adds financial strength and a focus on growth oriented sustainable strategies to the businesses of PrivatAir. SilverArrow together with Asyad Aviation will lead PrivatAir as a defining reference in the industry, leveraging its brand equity and ethos.
“We are very excited about the acquisition of these premium brands. PrivatAir and PrivatPort offer unlevelled potential for profitable growth within a changing market”, said Thomas Limberger, CEO of SilverArrow Capital Group and new Chairman of PrivatAir.
“Having SilverArrow as a new shareholder, will lead the company into an era of new financial strength and growth”, said António Gomes de Menezes, CEO of PrivatAir.