About
The Mercurius Group
We are a senior team of specialists with direct experience across airports, transport hubs, hospitals.
Our expertise spans economics, property, airport management, retail, supply chain, brand development, sustainability, and strategic communications, combining commercial capability with deep sector knowledge.
What sets us apart? Three qualities drive everything we do.
We're Data Driven
We turn evidence and insight into better decisions.
We're commercially focused
We develop practical strategies designed to deliver value.
We’re agile
We adapt quickly and tailor our approach to each client.
Our Team

Ivo Favotto
Managing Director and M&A/Transactions, Strategy and F&B Leader
Ivo is a senior advisor with 30+ years’ experience in airports, travel retail, and infrastructure. An economist by training, he leads The Mercurius Group, advising airports and infrastructure owners across all areas of non-aeronautical revenue strategy, including retail and F&B, ground transport, and property. He is a leading advisor on due diligence for airport and concessionaire M&A.

Diane Owens
Hotels and Ground Transport Practice Leader
Diane trained as a Chartered Surveyor with deep expertise in property management, performance analysis, and the commercialisation of infrastructure assets. She is a trusted advisor to airports, leading hotel feasibility studies and optimising ground.

Fraser Reynolds
Duty Free, Luxury & Supply Chain Practice Leader
Fraser brings over 30 years of senior leadership experience in travel retail, having worked with three of the sector’s leading operators. He has deep expertise in merchandise buying, planning, and supply chain strategy, with a proven track record in retail execution and brand management across duty-free, inflight, online, and bricks-and-mortar environments.

Shane de Wit
Senior Consultant
Shane brings more than two decades of experience leading complex infrastructure, aviation, property, and transport projects across Australasia for airport operators, government agencies, and private-sector clients—delivering commercially rigorous, data-driven analysis and strategic guidance that is both commercially sound and operationally practical.