Sale of Fernley Airport Services Limited
Effective October 31st, Swissport International Ltd has sold its share interest in Fernley Airport Services Limited to Airspeed Hygiene Systems Ltd, a subsidiary of ISS UK Ltd.
Swissport has decided to sell Fernley Airport Services Ltd. because it is focusing on the development of its core ground handling business. Swissport expressed a sincere thank to the management and staff of Fernley Airport Services Ltd for their commitment and service during the two and a half year we were the proud owner of the Company.
ISS is a world leader in cleaning and specialised services. Headquartered in Denmark and present in 35 countries the Group employs more than 250,000 in Europe, Asia, South America and the Middle East. Total turnover reached DKK 19.8 billion in 1999 and is expected to increase by more than 40% in 2000. ISS-shares are listed in Copenhagen and London.
The airport segment is one of ISSs target segments and ISS provides airport related services in a number of countries. In UK ISS is present at a number of airports through its two subsidiaries Airspeed Hygiene Systems Ltd and Nordic Aero UK Ltd.