Swissport to acquire Servisair

GROUND handling giant Swissport is on track to acquire 100 per cent of rival handler Servisair.
The Swiss company has been granted exclusivity in respect of the disposal of 100 per cent of Servisair, which is currently owned by Derichebourg a player in the world of environmental services.
Derichebourg says the exclusivity period has been granted on the basis of ‘an irrevocable and binding offer’ received from Swissport.
Servisair´s global business currently provides ground services for around 106 million passengers and 645,000 tonnes of cargo a year on behalf of some 500 client companies in the aviation sector. The company employs around 15,000 staff and is active at 118 locations in 20 countries on four continents. 
Swissport, a global provider of ground services to the aviation sector, offers services to around 118 million passengers and handles 3.5 million tonnes of cargo a year on behalf of some 650 client-companies in the aviation sector.
With a workforce of around 40,000 employees, Swissport is active at 180 stations in 38 countries across five continents.
Both Swissport and Derichebourg will provide more information in due course, subject to customary legal and regulatory approvals, says a statement.
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