Swissport successfully concludes acquisition of Aerocare
With the conclusion of the acquisition formalities, Swissport International now holds 100 per cent of Aerocare, a leading ground handler in Australia/ New Zealand.
March 8, 2018 : With the conclusion of the acquisition formalities, Swissport International now holds 100 per cent of Aerocare, a leading ground handler in Australia/ New Zealand.
With effect from March 7, Swissport International (Swissport) has taken over Aerocare and its subsidiaries Skycare, Carbridge and EasyCart from Archer Capital. The acquisition of Aerocare was announced in November 2017. It has received all regulatory approvals, including that of Australia’s Foreign Investment Review Board.
“The integration of Aerocare into Swissport is a key milestone in the execution of our growth strategy”, said Eric Born, Group President & CEO of Swissport. “Aerocare provides us with an entrance into Australia and New Zealand and it will serve as our platform to expand in the fast-growing Asia-Pacific markets.”
The management team of Aerocare will continue to run the business in Australia and in New Zealand from its Australian office. This is to ensure continuity in service quality and in client-relations management. The management team will also play a key role in further developing the Swissport organization in the Asia Pacific region.
“The Aerocare colleagues are committed to delivering best-in-class customer service, matching Swissport’s high standards of excellence and safety. There is an exceptional cultural fit between the two companies and I am confident that we will jointly continue our success story in the region and beyond”, said Eric Born.
Swissport International, on behalf of more than 850 client-companies, provides best-in-class airport ground services for some 265 million passengers annually, and handles approximately 4.7 million tonnes of air cargo at 133 warehouses world-wide. Several of its warehouses have been certified for Pharmaceutical Logistics by IATA’s CEIV. With a workforce of 68,000, the world’s leading provider of ground and air cargo services is active at 315 airports in 50 countries across all five continents. In 2017, the group generated consolidated operating revenue of EUR 2.8 billion.