Kuwait’s Agility completes acquisition of UK-based aviation firm John Menzies

  • Date: 05-Aug-2022
  • Source: GCC Business News
  • Sector:Transport
  • Country:Kuwait
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Kuwait’s Agility completes acquisition of UK-based aviation firm John Menzies

Kuwait-based global logistics company, Agility has finalized its acquisition of UK-based aviation company John Menzies in a deal that creates the world’s biggest aviation services provider.

Agility will combine John Menzies with its National Aviation Services (NAS) business to create a world leader in aviation services, the company said in a statement.

Once integrated, the combined company will operate as Menzies Aviation and will be the world’s largest aviation services company by the number of countries and the second largest by the number of airports served.

Operating as Menzies Aviation, the combined company will provide air cargo services, fuel services, and ground services at airports on six continents. The new company will have approximately 35,000 employees and operations at 254 airports in 58 countries.

Tarek Sultan

Vice-Chairman

Agility “This is a new chapter for Agility, Menzies, and NAS. By acquiring Menzies and combining it with NAS, Agility has the opportunity to unlock greater value in both. Agility has a strong track record of sustainable and responsible growth over the last two decades, driven both organically and through mergers and acquisitions, and this latest deal is part of our strategy to further accelerate that growth. For Agility, this deal creates the largest owned and operated – “controlled”