M&A Deal Summary

Menzies Aviation Acquires Novia Sverige AB

On March 31, 2008, Menzies Aviation acquired airliner Novia Sverige AB from Novia Scandinavia A/S for 9M GBP

Acquisition Highlights
  • This is Menzies Aviation’s 6th transaction in the Airlines sector.
  • This is Menzies Aviation’s 3rd largest (disclosed) transaction.
  • This is Menzies Aviation’s 2nd transaction in Sweden.

M&A Deal Summary
Date 2008-03-31
Target Novia Sverige AB
Sector Airlines
Buyer(s) Menzies Aviation
Sellers(s) Novia Scandinavia A/S
Deal Type Divestiture
Deal Value 9M GBP

Target

Novia Sverige AB

Stockholm, Sweden
Novia Sverige AB is a ground handling business operating at Stockholm and Gothenburg airports in Sweden.

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Buyer(S) 1

Buyer

Menzies Aviation

Edinburgh Park, United Kingdom

website

Category Company
Sector Aerospace
Revenue 1.4B USD (2021)
DESCRIPTION

Menzies Aviation is an aviation services business providing ground handling, cargo handling, cargo forwarding and into-plane (ITP) fuelling. Menzies Aviation is based in Edinburgh Park, United Kingdom.

DEAL STATS #
Overall 16 of 21
Sector (Airlines) 6 of 8
Type (Divestiture) 3 of 5
Country (Sweden) 2 of 2
Year (2008) 4 of 4
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-14 MMA Consolidators Pty

Johannesburg, South Africa

MMA Consolidators Pty Ltd. is a provider of cargo services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-21 Menzies Aviation

Hong Kong, China

Menzies Aviation (Hong Kong) Ltd. is a provider of ground handling services at the Hong Kong International Airport. The company also offers passenger and ramp handling services which include baggage handling and load control.

Sell £1M

Seller(S) 1

SELLER

Novia Scandinavia A/S

Kastrup, Denmark
Category Company
Sector Airlines
DESCRIPTION

NOVIA is an independent Scandinavian ground handling service provider based in Copenhagen, Denmark. NOVIA provides a full range of ground handling services including passenger, ramp, cargo and VIP support services to both regional and international airlines.

DEAL STATS #
Overall 1 of 1
Sector (Airlines) 1 of 1
Type (Divestiture) 1 of 1
Country (Sweden) 1 of 1
Year (2008) 1 of 1
Mergr

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