New majority shareholder for Swissport
Swissport is heading into a new and bright future. Candover Services Ltd, London will become the new majority shareholder of Swissport. Candover was established in 1980 and is a leading investment firm headquartered in London. Among various potential investors, Swissport and the Swissair group were able to choose the investor which offered the best prospective for a succesful and sustainable future.
This step will provide Swissport with additional financial resources and ensures the strategic development of new business units around the world. The benefits are obvious, more opportunities, a stronger competitive environment and a loyal and strong business partner.
Candover Services Ltd, the Swissport management and its staff is committed to play an important role in the ground handling market and to offer a top quality product with the existing or new customers.
Candover confirms that they would like to position Swissport as the Number 1 global ground handling company that makes this new partnership even more attractive. The well established brand Swissport will remain the same. It is not planned to change the present organisation and management.
We are confident that we will be able very soon to inform about new and positive developments, once all strategic issues with the shareholder are established.
EVP Marketing & Sales
Swissport International Ltd.
Phone: +41 1 812 49 50