Business

Menzies Aviation to acquire majority stake in Groundforce

Menzies Aviation has signed a subscription agreement with TAP Air Portugal and Groundforce to acquire a controlling stake of 50.1%…

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New buyer found for Frankfurt-Hahn Airport

Frankfurt Hahn Airport has found a new buyer in the shape of German real estate firm Triwo. The purchase price,…

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Scan Global Logistics continues expansion

Fast-growing forwarder Scan Global Logistics has continued its expansion with the opening of an office in Bucharest. The forwarder said…

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SATS completes acquisition of WFS

Singapore-based aviation services company SATS has completed the acquisition of cargo handler Worldwide Flight Services (WFS) for €1.3bn. SATS struck…

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ASL expands into Australia with Pionair acquisition

ASL Aviation Holdings has acquired freighter operator Pionair as it expands into Australian and Oceania markets ACMI provider Pionair has…

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Bolloré Africa Logistics rebrands following takeover

Bolloré Africa Logistics has been rebranded as Africa Global Logistics (AGL) following its acquisition by container shipping giant MSC. The…

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DSV targets semiconductor market with double acquisition

DSV is acquiring US logistics firms S&M Moving Systems West and Global Diversity Logistics as it looks to grow its…

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Swissport to acquire majority stake in Düsseldorf Airport’s cargo handling unit

Swissport will acquire a majority stake in Düsseldorf Airport’s cargo handling unit. The cargo handler said it would take a…

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Investor group completes Atlas Air acquisition

An investor group led by Apollo Global Management has completed the acquisition of freighter operator Atlas Air Worldwide Holdings. The…

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DP DHL outlines criteria for any DB Schenker bid

Shortly after Deutsche Post (DP) DHL announced another set of record full-year results, the parcel and logistics giant’s outgoing chief…

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