Global Infrastructure Partners (GIP), a part of BlackRock, a global infrastructure investor, has announced that it has entered into a definitive agreement to acquire TCR, the largest independent lessor of airport ground support equipment, from 3i Infrastructure. Members of TCR’s management team will invest alongside GIP.
Headquartered in Brussels, TCR owns and manages a global fleet of airport ground support equipment, supporting safe and efficient aircraft operations across more than 200 airports worldwide. With a diversified customer base and long-term contractual relationships, TCR is integral to efficient airport operations globally.
The transaction is subject to customary closing conditions and regulatory approvals.
