Kuwait’s Agility completes $921.5m John Menzies deal to create aviation services behemoth – The National

Kuwait’s Agility completes $921.5m John Menzies deal to create aviation services behemoth – The National

Kuwait-based Agility, one of the biggest logistics companies in the Mena region, has finalised its £763 million ($921.5m) acquisition of UK-based aviation company John Menzies in a deal that creates the world's biggest aviation services provider.

Agility will be merging its subsidiary, National Aviation Services (NAS), with John Menzies, after having completed all regulatory requirements, it said in a filing on Thursday to the Dubai Financial Market, where its shares are traded.

The combined entity in the deal will operate as Menzies Aviation, which will become the world’s largest airport services company by number of countries and second largest by number of airports served, Agility said.