ASL Airlines
Joint Venture and Associate Airlines
On 4th June 2019 STAR Capital Partnership LLP, (“STAR Capital”), indirectly acquired a 100% shareholding in ASL Aviation Holdings.
Established in 1999, STAR looks for businesses or assets protected by a strong strategic position, located in Western Europe with enterprise value between €50 million and €1 billion. Certain capital-intensive activities clearly demonstrate these characteristics. However, we have extensive experience in recognising and developing these qualities across the business spectrum.
We are an independent partnership, owned and managed by the senior partners and with the flexibility and capacity to make quick decisions. Our structure ensures the early involvement of the senior team and a continued focus on key decisions in each portfolio company.
STAR aims to support the management team at ASL in its strategy of continuing to provide a safe and reliable best in class service to all customers, expanding to new geographies, becoming the leading growth partner to the e-commerce sector and drive operational efficiencies.