CVC DIF has agreed the acquisition of HiSERV, the German market leader in aviation ground service equipment leasing from AVECO Holding.
HiSERV will be acquired from AVECO Holding, a German family holding predominantly active in facility services. In 2017, the current CEO of HiSERV Roland Ückert spun HiSERV out of WISAG Aviation Service, a multinational ground handler and airport service provider, with a view to establish a superior GSE leasing offering to the broader market.
The company has shown growth on the back of strong post-covid aviation sector recovery and a focus on delivering high-quality equipment and services to its customers. Now that HiSERV continues as a stand-alone company backed by CVC DIF, a next phase of growth lies ahead as a pan-European GSE platform.
HiSERV engages in GSE leasing and maintenance and repair services through its network of workshops across European airports. The company owns and services a fleet of over 5,000 units varying from motorised pushback tractors and belt loaders to non-motorised dollies and baggage carts. HiSERV is headquartered in Berlin, Germany, and serves over 60 customers across more than 30 European airports.