Agility completes John Menzies purchase

Kuwait-based Agility has finalized its acquisition of UK-based airfreight handler John Menzies PLC and will combine the business with its National Aviation Services (NAS) business. Agility, which sold its Global Integrated Logistics freight forwarding arm to DSV in August 2021, said the combined company will operate as Menzies Aviation and will be the world’s largest aviation services company by number of countries (58) and second largest by number of airports ... [+]

Agility strikes deal to buy John Menzies

Agility Public Warehousing Company has reached agreement on a recommended cash offer to acquire 100% of airport handling company John Menzies , for about £571 million on a fully diluted basis and £763 million on an enterprise value basis. The board of Menzies intends unanimously to recommend the cash offer to ... [+]

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