GE.S.A.C. S.p.A. – Gestione Servizi Aeroporti Campani –- was established in 1980 as a majority state-owned enterprise on the initiative of the City of Naples, the Province of Naples and Alitalia (whose stake was subsequently acquired by the SEA Group of Milan).
In August of 1997, each of the public shareholders sold 35% of their share packages to the English BAA group, the world’s leading airport management company.
With BAA’s acquisition of majority shares, Naples Airport was the first airport in Italy to be privatized.
In December, 2010, F2i – Fondi Italiani per le Infrastrutture- SGR acquired the majority stakeholding of GESAC.
In February 2015, F2i signed an agreement to sell 49% of F2i Aeroporti S.p.A. to a consortium composed of Ardian (60%) and Credit Agricole Assurances (40%). Following the sale, F2i Aeroporti changed the company name to 2i Aeroporti SpA.
On October 24th, 2019 the act of merger by incorporation of Salerno Airport spa in GE.S.A.C. S.p.a. was signed, giving birth to an integrated and complementary Campania airport system.
2i Aeroporti SpA is the holding company that also holds the following shares in other Italian airports: 36.39% SEA SpA (Airports of Milan), 90.28% SAGAT SpA (Turin Airport), 4.09% ADB SpA (Bologna Airport) and 55% of the capital of Aeroporto Friuli Venezia Giulia S.p.A (Trieste); while f2i Aeroporti 2 Srl holds 71.25% of SO.GE.A.AL. SpA (Alghero Airport) and 80% of GEASAR SpA (Olbia Costa Smeralda Airport).
F2i – "Fondi Italiani per le Infrastrutture"
F2i, Fondi Italiani per le Infrastrutture, is an asset-management company established in 2007 and led by Renato Ravanelli as CEO. F2i manages the largest Funds operating in Italy and among the largest in the world dedicated to infrastructure investments in a single country. F2i First Fund has raised a total of Euro 1,852 million, almost entirely invested ahead of the investment period in several infrastructure segments (airports, gas distribution, water services, renewable energy, highways, telecommunications and waste-to-energy).
Naples Airport represents the Fund’s first investment in the airport sector.
Ardian, established in 1996 and managed by Dominique Senequier, is an independent, private investment company with managed or administered assets amounting to 50 billion US dollars in Europe, North America and Asia.
The company, whose majority shares are held by its employees, considers entrepreneurial skills to be crucial and guarantees investment performance to its investors the world over, while simultaneously contributing economic growth on a global level. The Ardian philosophy of investment reflects three core values: excellence, loyalty and entrepreneurship.
Ardian relies on a truly global network with over 340 employees distributed in 10 offices in Paris, London, New York, Peking, Frankfurt, Jersey, Luxemburg, Milan, Singapore and Zurich. The company offers its 346 investors a diversified selection of funds running the entire gamut of asset class, including Fund of Funds (primary, early secondary and secondary), Direct Funds which include infrastructure, Expansion, Mid Cap Buyout, Ardian Growth, Co-Investment and Private Debt.
Crédit Agricole Assurances
A leader in Europe, Crédit Agricole Assurances, wholly owned by Crédit Agricole SA, is the main banking and insurance operator in France and Europe. Agricole Assurances Gruppo Crédit offers an array of services for savings, pensions, health, personal protection and insurance products for property and services to private third parties, professionals, agriculturalists and companies. Products and services are distributed through the Crédit Agricole Group retail banking network in France and in Europe as well as through financial planners and multi-line insurance managers the world over. Crédit Agricole Assurances has 3,500 employees and € 26.4 billion in year-end, French GAAP consolidated revenue.