Zurich/Nairobi, 1 March 2011 – Swissport International, the world’s leading provider of ground services to the aviation sector, has been named “Cargo Handler of the Year - Africa” by the readers of the renowned STAT TIMES magazine.
Zurich/Madrid/Paris, 18 February 2011 – The sale announced on 2 November 2010 of Swissport, the world’s leading provider of ground services to the aviation sector, by Ferrovial of Spain to French-based private equity firm PAI Partners was formally concluded yesterday as planned. Swissport International will now continue to pursue its growth strategy.
Zurich, 2 February 2011 – Swissport and its prospective new owners PAI partners have announced the closing of a secured bond financing. The new arrangements represent a major milestone towards the completion of Swissport’s sale to PAI partners by Ferrovial. The acquisition is expected to be closed by mid-February as envisaged.