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Swissport Completes Acquisition Of Majority Stake In Flughafen Düsseldorf Cargo Gmbh

Swissport has successfully closed the acquisition of a 74.9 percent stake in Flughafen Düsseldorf Cargo GmbH. Starting 17 August 2023, the two partners Swissport Deutschland GmbH and Flughafen Düsseldorf GmbH have embarked on a long-term partnership at Düsseldorf Airport, operating under the new name of Swissport DUS Cargo Services GmbH.

“To complement its strong organic growth, Swissport is pursuing an ambitious M&A agenda that includes being an active consolidator in the aviation services industry as well as entering into partnerships and joint ventures globally,” says Pablo von Siebenthal, Swissport’s Global Head of Mergers & Acquisitions. “In our conversations with airports and airlines around the world we see great interest from them in either selling or partnering with us for their own ground or cargo handling operations. They realize that as the leading aviation services company in the world, Swissport is their best partner.”

 “The start of our joint operations in Düsseldorf is a moment of joy for Swissport Germany,” says Bruno Stefani, Swissport’s CEO for Germany, Switzerland, Austria and Italy. “It shows our commitment to the German market and solidifies our position in Düsseldorf and across Germany and sets the stage of further growth. Across Germany, Swissport supports airlines from all over the world with a wide range of services including ground services, cargo handling and aviation fueling.”

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