SZA Schilling, Zutt & Anschütz advised the operator of Frankfurt Airport, Fraport AG Frankfurt Airport Services Worldwide ("Fraport AG") on the sale of its stake in Hannover Airport to iCON Flughafen GmbH, a company of the British iCON Infrastructure Group.
The purchase price was approximately EUR 109 million. Fraport AG held a 30% interest in Flughafen Hannover-Langenhagen GmbH, the operating company of Hannover Airport, and sold this interest to iCON Flughafen GmbH. The owners of the remaining 70% of the shares, the City of Hannover and Hannoversche Beteiligungsgesellschaft Niedersachsen mbH (a 100% subsidiary of the State of Lower Saxony), had a preemptive right to the shares of Fraport AG held for sale, which they had not exercised.
Consultants Fraport Inhouse (legal): Dörte Ochs, Johannes Niesemeyer
SZA Schilling, Zutt & Anschütz (Frankfurt): Dr. Max Hirschberger, Dr. Dietrich F. R. Stiller, Counsel: Philipp von Ploetz, Associates: Stefanie Zugelder, Dr. Jan Friedeborn, Dr. Christoph Allmendinger, Dr. Jianyi Wang