Alliance Ground International continues expansion with TAS takeover
10 / 05 / 2022
Jared Azcuy. Image source: AGI
Cargo handler Alliance Ground International (AGI) has continued its recent expansion strategy with the purchase of Total Airport Services (TAS).
TAS specializes in cargo, ramp, and passenger handling services across eight locations in the US including Chicago O’Hare International Airport (ORD), San Francisco International Airport (SFO), George Bush Intercontinental Airport (IAH), and Rickenbacker International Airport (LCK).
Texas-headquartered TAS employs a team of 1,600 and handles around 5m passengers and up to 331,000 tons of cargo each year.
The transaction is expected to close subject to receipt of customary regulatory approvals.
AGI chief executive Jared Azcuy said: “TAS boosts AGI’s operations in the passenger handling market, which is key to our current strategy and complements our cargo handling capabilities at key US hubs.
“We will continue to pursue acquisitions that fit in with our strategy of expanding both our product offering and our global reach, with particular focus on Latin America, Europe, and Canada.”
AGI has made a series of investments in the cargo market over the last year.