22.08.2012 • News

Fraport: sells ICTS Europe

Fraport: sells ICTS Europe. Fraport is selling its wholly-owned ICTS Europe Holdings subsidiary to Deutsche Beteiligungs AG and one of its managed co-investment funds.Under the con...

Fraport: sells ICTS Europe. Fraport is selling its wholly-owned ICTS Europe Holdings subsidiary to Deutsche Beteiligungs AG and one of its managed co-investment funds.

Under the contract signed today, a purchase price of € 100 million has been agreed, payable by the purchaser once contractual conditions have been satisfied. The complete transfer will take place when payment has been made by the purchaser.

ICTS Europe Holdings has been a wholly-owned subsidiary of Fraport since 2002 and is now active at about 81 locations in 24 countries. With a staff of about 10,100, the company focuses its operating business on providing security control of passengers at various airports – excluding Frankfurt and Frankfurt-Hahn.

For the year 2007, the company reports revenues of about € 320 million.

r.payne@fraport.de

Fraport

Intersec

Intersec Dubai

Highlights of Intersec Dubai 2026

Best products, most interesting booths. Read our follow-up report. And how physical security, cyber-security and AI-driven intelligence are converging into integrated security architectures.

Corporate Security

Strategy of Corporate Security at Volkswagen

Interview with Andreas Maack, Head of Group Security & Resilience and CSO of the Volkswagen Group

Top-Feature

ASSA ABLOY Opening Solutions EMEIA

Programmable keys and digital locking cylinders can simplify access and compliance

SEMTECH /SIERRA WIRELESS S.A.

Solving the Celluar Surveillance Paradox: How European Organizations Are Achieving Reliable Mobile Video without Breaking the Budget

Genetec

Discover the Innovations Reshaping Physical Security

Perimeter Security in a Practical Test: How the Wehrhan-TPS urban test site makes real attack scenarios visible

SALTO Systems

Salto Systems: From a Bold Idea to a Global Access Ecosystem

Hochiki Europe celebrated the achievements of its dedicated team as employees from across the business were honoured for reaching significant long service milestones. Managing Director Shinsuke Kubo presented awards to colleagues marking 5, 10 and 20 years of service, with special recognition given to two remarkable employees who achieved 25 years with the organisation, Janet Smith and Paul Adams.

News • Security

Fraport: sells ICTS Europe