FMT Holding AB, a market-leading Swedish manufacturer of passenger handling and operational support systems for airports and seaports, sold its Aircraft Gate Support Systems division to the German listed company thyssenkrupp AG for an undisclosed amount.

Headquartered in Sweden, FMT is engaged in the development, design, manufacturing, and delivery of innovative passenger handling and operational support systems for airports and seaports around the world. FMT has sales offices across four continents, all research and development and manufacturing take place at FMT’s global headquarters in Trelleborg, Sweden. FMT combines 50 years of experience with cutting-edge technology, creating a world leader in the production and installation of passenger boarding bridges for airports and seaports as well as state-of-the-art visual docking guidance systems.

In recent years, FMT has focused on enhancing the efficiency of the operations, which has resulted in the decision by FMT to sell its Aircraft Gate Support Systems division and to focus fully on Passenger Boarding Bridges for airports    and seaports.

Clairfield International acted as exclusive financial advisor to FMT Holding.