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M&A Deal Summary

ASL Aviation Holdings Acquires TNT Airways S.A.

On November 16, 2012, ASL Aviation Holdings acquired transportation company TNT Airways S.A. from TNT Express NV

Acquisition Highlights
  • This is ASL Aviation Holdings’ 1st transaction in the Transportation sector.
  • This is ASL Aviation Holdings’ 1st transaction in Belgium.

M&A Deal Summary
Date 2012-11-16
Target TNT Airways S.A.
Sector Transportation
Buyer(s) ASL Aviation Holdings
Sellers(s) TNT Express NV
Deal Type Divestiture

Target

TNT Airways S.A.

Grâce-Hollogne, Belgium
TNT Airways S.A. offers air freight and transportation services. The company offers air cargo services, specialized charters, and passenger operations.

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Buyer(S) 1

Buyer

ASL Aviation Holdings

Dublin, Ireland
Category Company
Sector Airlines
DESCRIPTION

ASL Aviation Group is a provider of aviation services. ASL’s airlines operate scheduled and charter flights under their own brands and operate passenger and cargo networks on behalf of major international customers including express freight integrators and passenger airlines. ASL Aviation Group is based in Dublin, Ireland.

DEAL STATS #
Overall 2 of 3
Sector: Transportation M&A 1 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Belgium M&A 1 of 1
Year: 2012 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-16 PAN Air Líneas Aéreas S.A.

Madrid, Spain

PAN Air Líneas Aéreas S.A. offers air freight and passenger transportation services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-04 Farnair Holding AG

Allschwil,, Switzerland

Farnair Switzerland, based in Basel, operates a fleet of 20 cargo and passenger aircraft.

Buy -

Seller(S) 1

SELLER

TNT Express NV

Hoofddorp, Netherlands
Category Company
Founded 1946
Sector Transportation
Revenue 6.7B EUR (2013)
DESCRIPTION

TNT Express NV is a Dutch logistics and shipping company serving Europe, the Middle East and Africa, Asia-Pacific and the Americas.

DEAL STATS #
Overall 2 of 3
Sector: Transportation M&A 1 of 2
Type: Divestiture M&A Deals 2 of 3
Country: Belgium M&A 1 of 1
Year: 2012 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-16 PAN Air Líneas Aéreas S.A.

Madrid, Spain

PAN Air Líneas Aéreas S.A. offers air freight and passenger transportation services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-11 TNT Fashion Group B.V.

Oldenzaal, Netherlands

TNT Fashion Group B.V. engages in fashion logistics. It runs 200,000 sqm of modern warehousing, mainly in the Netherlands. Its customer base consists of European and US blue chip lifestyle companies. It has a vast coverage in transport solutions and has been very successful in assisting in the growth of its customers.

Sell -
Mergr

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