M&A Deal Summary

European Cargo Services Acquires Heavyweight Sweden AB

On November 18, 2014, European Cargo Services acquired transportation company Heavyweight Sweden AB

Acquisition Highlights
  • This is European Cargo Services’ 1st transaction in the Transportation sector.
  • This is European Cargo Services’ 1st transaction in Sweden.

M&A Deal Summary

Date 2014-11-18
Target Heavyweight Sweden AB
Sector Transportation
Buyer(s) European Cargo Services
Deal Type Add-on Acquisition

Target

Heavyweight Sweden AB

Arlandastad, Sweden
website
Heavyweight Sweden AB is an airline marketing and sales agency offers sales, marketing and full operational coverage within the Nordic market. It provides a full range of services for any airline wishing to outsource part or all of its cargo activities in our market.

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Buyer(S) 1

Buyer

European Cargo Services

Cedex, France

website


Category Company
Founded 1998
Sector Transportation
Employees600
Revenue 600M USD (2013)
DESCRIPTION

ECS Group SA is a broker representing airlines for the sale of air cargo capacity to freight forwarders. ECS also undertakes two complementary activities: handling (stock and preparation of goods before shipment) and chartering. ECS Group SA was established in 1998 and is based in Cedex, France.


DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Sweden) 1 of 1
Year (2014) 1 of 1