Menzies Aviation has signed a subscription agreement with TAP Air Portugal and Groundforce to acquire a controlling stake of 50.1%…
Business
New buyer found for Frankfurt-Hahn Airport
04 / 04 / 2023
Frankfurt Hahn Airport has found a new buyer in the shape of German real estate firm Triwo. The purchase price,…
Scan Global Logistics continues expansion
04 / 04 / 2023
Fast-growing forwarder Scan Global Logistics has continued its expansion with the opening of an office in Bucharest. The forwarder said…
SATS completes acquisition of WFS
03 / 04 / 2023
Singapore-based aviation services company SATS has completed the acquisition of cargo handler Worldwide Flight Services (WFS) for €1.3bn. SATS struck…
ASL expands into Australia with Pionair acquisition
03 / 04 / 2023
ASL Aviation Holdings has acquired freighter operator Pionair as it expands into Australian and Oceania markets ACMI provider Pionair has…
Bolloré Africa Logistics rebrands following takeover
03 / 04 / 2023
Bolloré Africa Logistics has been rebranded as Africa Global Logistics (AGL) following its acquisition by container shipping giant MSC. The…
DSV targets semiconductor market with double acquisition
21 / 03 / 2023
DSV is acquiring US logistics firms S&M Moving Systems West and Global Diversity Logistics as it looks to grow its…
Swissport to acquire majority stake in Düsseldorf Airport’s cargo handling unit
21 / 03 / 2023
Swissport will acquire a majority stake in Düsseldorf Airport’s cargo handling unit. The cargo handler said it would take a…
Investor group completes Atlas Air acquisition
20 / 03 / 2023
An investor group led by Apollo Global Management has completed the acquisition of freighter operator Atlas Air Worldwide Holdings. The…
DP DHL outlines criteria for any DB Schenker bid
15 / 03 / 2023
Shortly after Deutsche Post (DP) DHL announced another set of record full-year results, the parcel and logistics giant’s outgoing chief…