Eurotrack

Mergers

Attestor to take full control of Condor as state exits

· Aviation

Location
Frankfurt am Main · 🇩🇪 Germany / United Kingdom
Sector
Aviation
Organisations
Attestor ↔ Condor Flugdienst GmbH
Transaction
Exercise of a purchase option over the remaining 49%
Volume
not disclosed
Status
announced

British investor Attestor, Condor's majority owner since 2021, is also taking over the remaining 49% held by the German federal government and the state of Hesse via SG Luftfahrtgesellschaft, becoming sole owner; it is exercising an option agreed when it first invested, with completion scheduled for 31 August 2027. Condor had already repaid the state aid early in spring 2026 and aims to save €100m in each of the next two financial years through a cost programme; no price was disclosed (aeroTELEGRAPH, 25 September 2026; second source: Handelsblatt, 25 September 2026).

Source: aerotelegraph.com ↗ · Archived copy ↗

Evidence: one source · archived copy saved · How well sourced is Eurotrack?

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