We advised Swissport International Ltd, the world’s largest provider of ground and cargo handling services in the aviation industry, in the sale of the former Servisair ground handling operations at Helsinki-Vantaa Airport to Aviator Group, the largest independent aviation ground handling provider in the Nordic region. The divestment is a result of the merger remedies the EU Commission imposed on Swissport in order to get merger clearance for Swissport’s acquisition of Servisair. The closing of the divestment is subject to the EU Commission’s approval.
Aviator Group has its head office in Stockholm, Sweden, and is majority-owned by the investment fund Accent Equity 2008. Swissport will remain a service provider in Helsinki with existing operations and continue to provide ground handling services.