TBM Staff - Mumbai Amadeus has completed the acquisition of Vision-Box, a leading provider of biometric solutions for airports, airlines, and border control customers.
The deal has now received all necessary regulatory approvals in all relevant markets.
The combined offering of the two companies will allow Amadeus to deliver a fully integrated traveller journey, from the moment of booking to arrival at the airport, including border control and boarding.
Miguel Leitmann, Founder and CEO, Vision-Box, will now join Amadeus, together with its 470 employees. Leitmann will report to Decius Valmorbida, President, Travel, Amadeus, and Vision-Box solutions will become part of Amadeus’ portfolio offering for airports & airlines.
Vision-Box, a global business with expected revenues of EUR 70 million, and an estimated normalised EBITDA of close to EUR 20 million in 2023, is partially owned by Keensight Capital, a private equity fund dedicated to pan-European Growth Buyout investments. Amadeus has acquired privately-owned Vision-Box for an agreed price (EV) of approximately EUR 320 million.
