Swissport Completes Sale Of French Ground Handling Operations

Swissport France Holding SAS. and Servisair SAS, both part of the Swissport Group, the world’s leading provider of ground and cargo handling services to the aviation industry, announce the closing of its disposal of the ground handling activities in France to GH Team.

The sale affects activities that have been carried out within Swissport France, Swissport Services CDG, Servisair France and Héraclès. The disposal of the ground handling business in France is a strategic decision for Swissport, taking into account in particular the growing economic pressure on ground handling activities particularly in Paris CDG. The sale does not include Swissport Cargo Services or Swissport Executive, both will remain part of Swissport.

The acquirer, GH Team, aims to perpetuate and expand its current activities with an ambitious development plan in a changing market that makes increased agility and adaptability essential.

Dany Nasr, Senior Vice-President of Swissport International commented: “We are pleased that GH Team is taking over our Ground Handling operations in France, as they incorporate the necessary expertise and experience with an ambitious development plan and have the right set-up to meet the needs of this market. We would like to wish GH Team and the employees of the four entities great success in the future.”