Quito Group, an international air cargo and logistics company bringing together ECS Group, Global GSA Group, CargoTech, TCE, Mail & More, Healthc’Air and Squair, has successfully completed the refinancing of its €250 million debt while securing a new €70 million investment facility to support the next phase of its development.
From the outset, this operation, carried out with Apollo, reinforces the Group’s financial structure and provides additional flexibility to accelerate strategic projects across its global activities. The transaction reflects continued investor confidence in Quito’s diversified model and long-term growth trajectory.
A strengthened ecosystem across the cargo value chain
Quito has progressively built a unique ecosystem spanning the full spectrum of air cargo expertise. Within the Group, ECS Group, the world’s leading GSSA network, together with Global GSA Group, provides global commercial reach and market development for airlines. These capabilities are complemented by CargoTech, which develops digital solutions and platforms for the cargo industry, TCE (Total Cargo Expertise), which supports airlines with Total Cargo Management capabilities, Mail & More and Healthc’Air for specialized cargo segments, and Squair for administrative and support services.
This integrated structure enables Quito to combine commercial execution, operational excellence, digital innovation and specialized expertise, creating a coordinated platform capable of supporting airlines and logistics partners across increasingly complex global supply chains.
New investment capacity to support strategic expansion
The new investment facility will allow Quito to pursue initiatives designed to strengthen its long-term competitiveness. Planned investments include infrastructure upgrades, digitalization projects, operational capabilities and the development of specialized logistics services responding to evolving market needs.
“By reinforcing our financial base, we are giving Quito the means to accelerate the projects that will shape the next stage of our development,” said Adrien Thominet, Chairman of Quito Group. “Our ambition is to continue strengthening the ecosystem we have built, combining commercial reach, technological innovation and operational expertise to support airlines and logistics partners worldwide.”
Supporting the next generation of cargo commercial models
Part of the Group’s development strategy also includes the rollout of Aerion, Quito’s commercial holding designed to structure and coordinate advanced cargo representation and strategic support for airlines. Drawing on the capabilities of the Group’s various entities, Aerion brings together sales execution, advanced technology and data capabilities, and strategic consulting within a single coordinated framework, a combination rarely integrated under one roof in the air cargo industry. This model enables airlines to access commercial reach, digital intelligence, and performance-driven advisory through one unified platform, reflecting the evolution of cargo representation toward more integrated and value-creating partnerships.
Entering a new phase of growth
With a strengthened balance sheet and additional investment capacity, Quito enters its next phase of development with clear strategic priorities: expanding its ecosystem, accelerating digital innovation and reinforcing the capabilities that support airlines and logistics partners across global cargo markets.
