Cargojet buys ground handler at Mirabel airport

Canadian overnight all-cargo carrier Cargojet has purchased an unnamed ground handling and ground services equipment (GSE) company at Mirabel International Airport in Québec for approximately $3m.
The agreement to purchase includes all company assets and assumes all current lease arrangements.
Cargojet chief executive Ajay Virmani said: "The acquisition of this ground handling and GSE company is the continuation of our strategic initiative to insource all ground handling operations at airports across our Canadian network.
"We are pleased to welcome our new team members to the Cargojet family and look forward to integrating and growing our business at Mirabel and across the country by continuing providing our customers continued best in class air cargo service and reliability."
Cargojet provides time sensitive overnight air cargo services and carries around 590 tonnes of cargo each business night. Cargojet operates its network across North America each business night.

Share this story
Facebook
Twitter
LinkedIn

Related topics

Latest acquisitions news

Sovereign Speed enters airfreight market with Businesswings acquisition

By Rachelle Harry

Time-sensitive trucking firm Sovereign Speed has expanded into the airfreight market thanks to its acquisition of German Kassel-based airline Businesswings….

Read More

Speculation over DSV Panalpina’s next takeover target

By Damian Brett

Investment bank Berenberg has taken a look at suitable takeover targets for fast growing forwarder DSV Panalpina. Although the Copenhagen-headquartered…

Read More

Avia Solutions completes acquisition of Chapman Freeborn

By Damian Brett

Avia Solutions Group has completed the acquisition of charter broker Chapman Freeborn. The deal was first announced in June with…

Read More