Menzies Aviation has completed its $305m acquisition of G2 Secure Staff to become the largest independent aviation services provider in the US - by number of airports served.
G2 provides terminal, cabin, ground and cargo services, alongside GSE and vehicle maintenance. G2’s current cargo services include import and export cargo handling, freight/mail handling, cargo security screening, customs automated manifest system (AMS) clearance, and specialised handling, including dangerous goods, live animals, pharmaceuticals and perishables.
The deal, first announced in April, is expected to boost Menzies’ Group revenue by 20% to more than $3.1bn.
As a result of the acquisition, Menzies’ US footprint has doubled to over 110 locations and the company has expanded services at more airports, including Hartsfield-Jackson Atlanta International Airport (ATL) and major airline hubs such as Los Angeles International Airport (LAX) and Denver International Airport (DEN).
Menzies current executive vice president Americas, John Redmond, will continue to lead the region as he has done for 18 years. G2 senior management will join Redmond's team.
G2’s operations will be rebranded as Menzies Aviation. Integration will begin immediately.
Hassan El-Houry, executive chairman, Menzies Aviation said: “Acquiring G2 is a strategic long-term investment and significant milestone in our global growth journey. It is also a direct response to customer demand for Menzies to offer a broader range of services at more airports."
He added: "After 25 years as a key player in the U.S. market, we are now structurally aligned to support capacity growth, digital transformation, and labour demand."
Philipp Joeinig, group chief executive, Menzies Aviation, said: “This deal isn’t just scale for the sake of scale. It’s high-volume, high-readiness infrastructure that meets growing airline demand for seamless, multi-airport service coverage.
"It provides an opportunity to raise standards for aviation services across the U.S and globally through the roll out of our industry-leading training, safety, sustainability and technology across all new operations.
"With our reach extending into dozens of new local economies, we see the G2 Menzies combination unlocking job creation and upskilling opportunities. G2 has built a successful business, and we’re focused on working together to capitalise on our strengths to support our 20,000-strong U.S. team to deliver greater value for our partners.”
Menzies now operates at 350 airports in 65 countries.
