Empresas y finanzas

ICTS Europe acquired by Management and DBAG



    Fraport AG has sold its wholly-owned ICTS Europe Holdings B.V.
    subsidiary to Management Deutsche Beteiligungs AG (DBAG), a leading
    Germany-based private equity company, experienced in the industrial
    services sector and DBAG´s Fund V co-investor fund. Under the contract
    signed, the complete transfer of ICTS Europe Holdings B.V. to the new
    owner has taken place yesterday April 1st, 2008.

    Deutsche Beteiligungs AG is a highly experienced private equity
    company occupying a leading position in the German market, focusing on
    international investments in enterprises well established in their
    markets across a broad range of sectors.

    ICTS Europe Holdings B.V., which became a wholly-owned subsidiary
    of Fraport AG in 2002, is the leading provider of aviation and
    transport security servicing over 80 locations in 24 countries. For
    the year 2007, ICTS Europe Holdings B.V. reported revenues of
    approximately EUR 324 million.

    ICTS Europe Management welcomes DBAG as the new shareholder and
    appreciates the opportunity of becoming co-investors in ICTS Europe
    Holdings B.V. ICTS Europe Management, together with DBAG, looks
    forward to enhance its emphasis on providing high-quality services to
    its clients, continuing its product development and ongoing expansion
    into new territories and markets.

    Mr. Zamir Eldar, ICTS Europe CEO, comments that "We are highly
    enthusiastic about the new ownership structure, which will enable ICTS
    Europe to further develop its business potential and to continue to
    supply its clients with innovative products and solutions geared
    towards further cementing its position as industry leader. "

    ICTS Europe Holdings BV is a leading provider of aviation security
    services with a presence at over 80 locations worldwide, with a
    workforce of over 10,000 employees and a customer base of over 200
    clients, airlines, airports, ports, railways, cargo companies, and
    government s.

    With 20 years of experience, ICTS Europe is unique in its
    unrivalled depth of operational know-how, management expertise as well
    as innovative in its product & solutions to the high risk security
    industry. This is reflected in the introduction and widespread use of
    a variety of systems and services, such as: Eagle (CBT), RASCargO(TM),
    passenger interviewing, travel document verification, cargo security,
    integrated services,,auditing, consultancy and training.

    Deutsche Beteiligungs AG (www.deutsche-beteiligung.de) is a
    leading publicly listed private equity company. With a track record of
    more than 40 years, it is the oldest private equity firm in Germany.
    Deutsche Beteiligungs AG focuses on market-leading mid-sized
    enterprises in Germany. It invests from its own balance sheet and from
    the assets of co-investment funds. Currently, the company has
    approximately one billion euros under management.