Global GSA Group acquires three companies

By Rebecca Jeffrey

Copyright: Shutterstock

Netherlands-headquartered Global GSA Group has acquired Aircargo Italia, Worldair and Star Cargo Italy.

The three Italian acquisitions will help Global GSA Group expand its position in Italy and fits with its overall global expansion strategy. Other acquisitions are also expected to be announced this year, said Ismail Durmaz, chief executive of Global GSA Group.

Aircargo Italia was founded in 1994 and progressively opened offices in Florence, Milan downtown, Milan Malpensa, Rome Fiumicino, Bologna and Venice. As well as executing GSA activities, since 1996, the company has been operating as a handling agent for airlines through dedicated offices in Rome Fiumicino, Milan Malpensa, Bologna and Venice. Services include document handling, ULD building control, supervision of loading, import and export operations, and security control. Aircargo Italia currently represents Avianca, Malaysian Airlines, Pakistan Airlines and UPS.

Worldair was founded in 1996 to provide international airlines with a comprehensive cargo operation in Italy. It has seen rapid growth and integrated its network of offices throughout key Italian towns and airports in the territory, with a presence in Milan Malpensa, Rome Fiumicino and Bologna. Worldair represents China Cargo and Oman Air.

Star Cargo Italy was founded in 2012 with the purpose of commercialising the cargo transportation services of international air cargo companies based in Italy or abroad. Today, Star Cargo Italy represents Air Europa – Iberojet in Italian territory.

Founded in 1995, Global GSA Group was established in Amsterdam as the first independent cargo General Sales Agent (GSA).  The Group represents some 62 carriers and has its own establishments in 54 countries.

Durmaz stated: “The companies we added to our group have a long history with a proven record. This requires dedication and perseverance, which fits perfect into our mentality within Global GSA Group. Global GSA Groups’ goal for 2022 is to expand in new territories. This was the first step, and plan to finalize some other acquisitions this year.”

 

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