- FMT is a provider of passenger boarding bridges, docking systems and aftermarket parts and services for airports and seaports
- Fernweh acquired Dabico in August 2022
- Dabico Airport Solutions is the airports business of Switzerland-based Cavotec
Fernweh Group and its portfolio company Dabico Corporation completed the acquisition of FMT Sweden and FMT International Trade in an all-cash transaction.
FMT, based in Trelleborg in Sweden, is a provider of passenger boarding bridges, docking systems, and aftermarket parts and services for airports and seaports.
Headquartered in Dubai, Dabico Airport Solutions is a global supplier that designs, manufactures, integrates, and services ground support systems for civil and military aviation sectors.
“We are delighted to continue the build out of our aviation and transportation/logistics infrastructure platform through the acquisition of FMT,” said Nick Santhanam, CEO of Fernweh Group. “This acquisition strengthens Dabico’s position as a premier provider of ground support systems to the transportation/logistics infrastructure market and further builds on our commitment to the EU and NA markets.”
Los Altos Hills, California-based Fernweh Group is an investment firm led by “leaders from global institutions” with prior experience working with companies in the industrial and industrial technology sectors on strategy, M&A, and operational transformation.
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