Stratrix
On the Record · Avianca Holdings

Avianca Holdings acquisitions, on the record

The businesses Avianca Holdings bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Servicios Aeroportuarios Integrados SAI S.A.S. (SAI)
Word for word“On October 17, 2017, we entered into an agreement with the shareholders of Servicios Aeroportuarios Integrados SAI S.A.S., or SAI, to make an investment on the agreed terms and conditions.” 20-F for 2018
agreed acquisitionOctober 17, 2017—
Aero Transporte de Carga Unión, S.A. de C.V. (Aerounion)
Word for word“We have also strengthened our strategic alliances, starting in 2014 with the acquisition of an ownership interest of 25% of the voting rights and 92.7% of the economic rights of Aero Transporte de Carga Unión, S.A. de C.V. (“Aerounion”), a Mexican cargo company.” 20-F for 2018
acquisition2014—
SAM S.A.
Word for word“In 1977, Avianca acquired SAM S.A., a Medellín based passenger airline.” 20-F for 2018
acquisition1977—
Tampa Cargo
Word for word“In 2008, Avianca acquired Tampa Cargo, a leading Colombian cargo airline, and in 2010 it acquired Avianca Eduador, formerly known as Aerogal, which currently is a direct subsidiary of Avianca Holdings S.A., and merged with SAM S.A., with Avianca as the surviving entity.” 20-F for 2018
acquisition2008—
our participation in Avianca-CAE Flight Training S.A.S.
Word for word“In January 2019, we entered into an agreement to sell to CAE International Holdings Limited (“CAE Holdings”) and to Avianca-CAE Flight Training El Salvador S.A. de C.V. (“CAE El Salvador”), a worldwide leader in training for the civil aviation, defense, security and healthcare markets, our participation in Avianca-CAE Flight Training S.A.S.” 20-F for 2019
agreed divestitureIn January 2019—
subsidiaries (loss of control)
Word for word“The aggregate amount of the cash paid for losing control of subsidiaries is reported in the statement of cash flows net of cash and cash equivalents disposed of as part of such transaction, for a net payment of $875.” 20-F for 2019
divestiture—a net payment of $875
Getcom Int’l Investments S.L
Word for word“The following is a summary of the movements in the financial statements due to the sale and corresponding loss of control of Getcom Int’l Investments S.L” 20-F for 2019
divestiture——
Taca
Word for word“He was our chief executive officer for 11 years, during which period we joined the Star Alliance network, conducted our initial public offering, completed the acquisition of Avianca Ecuador S.A. (formerly Aerogal) and the merger with Taca, and launched our loyalty program LifeMiles .” 20-F for 2019
merger——
LifeMiles (19.9% of the issued and outstanding common shares)
Word for word“The consideration payable by the LifeMiles Buyer to the LifeMiles Seller in connection with the LifeMiles Purchase comprised (i) $26.5 million in cash, plus (ii) $168.5 million in principal amount of “Tranche A-1 Loans” under that certain Debtor-in-Possession Credit Agreement, dated as of October 13, 2020, among Avianca Holdings, as debtor-in-possession, the guarantors party thereto, each of the several banks and other financial institutions or entities from time to time party thereto as lenders, and JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent (the “DIP Credit Agreement”), plus (iii) certain fees required to be paid pursuant to, and in the manner and at the time set forth in, that certain Letter Agreement, dated as of September 21, 2020, among Avianca Holdings, the LifeMiles Buyer and the LifeMiles Seller (the “Advent Fee Letter”).” 20-F for 2020
agreed acquisitionSeptember 21, 2020$26.5 million in cash

Read from Avianca Holdings’s annual reports (20-F for 2020, 20-F for 2019, 20-F for 2018) and the financial data it files with the SEC, as of 2021-05-03. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.