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CVC DIF to acquire HiSERV from AVECO Holding

GSE UK & Europe
CVC DIF has agreed to acquire GSE leasing company HiSERV from AVECO Holding in a deal that is expected to be completed in Q3 of this year.

Pictured: Roland Ückert, CEO of HiSERV

HiSERV was spun out of ground handler and aviation service provider WISAG Aviation Service in 2017 by CEO Roland Ückert to provide superior GSE leasing services.

It provides GSE leasing, maintenance and repair services across its network of workshops at European airports, serving a blue chip customer base of independent ground handlers, airlines and airport operators.

HiSERV owns and services a fleet of more than 5,000 units including motorised pushback tractors, beltloaders, non-motorised dollies and baggage carts. 

Ückert said: “I am thankful for the support provided by AVECO Holding in building up the company over the years and am very excited about the next chapter of growth with CVC DIF, where we can continue to enable to serve our customers to be competitive in ground handling on a pan-European level.”

Willem Jansonius, Partner and Head of CIF Investments at CVC DIF, added: “HiSERV is a strong platform to expand market share in the growing GSE leasing market both organically and inorganically and we look forward to working closely with Roland and his team.”

The transaction is subject to regulatory approval and expected to close in Q3 this year.


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