Swissport targets acquisitions with new appointment

Pablo von Siebenthal. Source: Swissport

Swissport is targeting an “ambitious” acquisition plan and has appointed Pablo von Siebenthal as global head of mergers and acquisitions (M&A) to head up the project.

Von Siebenthal joins from Kuehne+Nagel on April 1 and will assume overall responsibility for the execution of Swissport’s new global acquisition strategy, which is a “key pillar in the company’s ambitious post-Covid expansion plans”.

He will report to Iván Nash Vila, chief financial officer of Swissport International.

“Pablo joins Swissport at a very exciting time, as air traffic is recovering at an accelerating pace following the Covid-19-related decline in demand,” said Vila. “We want to leverage Swissport’s position as the global market leader in aviation ground services and execute an ambitious, global growth and acquisition plan.”

Swissport said von Siebenthal has led M&A transactions across Europe, North and South America and Asia Pacific with a total deal size of more than $2bn.

At K+N he held the position of global head of M&A and previously was an M&A advisor with PwC in Switzerland and Australia, a corporate development manager with a Swiss private bank, and part of Credit Suisse’s investment banking team. 

Swissport has been on the acquisition trail already this year and earlier in March announced the takeover of cargo handler Belgium Airport Services (BAS) in Liege.

Swissport expands in Liege with BAS takeover

Share this story

Related Topics

Latest acquisitions news

DSV raises €5bn to part fund Schenker acquisition

DSV has raised €5bn through a share sale to help fund its €14.3bn purchase of DB Schenker. The “oversubscribed” offering…

Read More

Share this story

Kales expands in Turkey with acquisition of ACT

GSSA Kales Group has acquired Turkey-based ACT Global as part of efforts to expand its presence in the country. Kales…

Read More

Share this story

Deutsche Bahn approves sale of DB Schenker to DSV

Deutsche Bahn has approved the sale of its freight forwarding business DB Schenker to transport and logistics group and fellow…

Read More

Share this story

Damian Brett

Damian Brett
I have been writing about the freight and logistics industry since 2007 when I joined International Freighting Weekly to cover the shipping sector. After a stint in PR, I have gone on to work for Containerisation International and Lloyds List - where I was editor of container shipping - before joining Air Cargo News in 2015. Contact me on [email protected]