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
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

Roissy, France

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

European Cargo Services 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. European Cargo Services was established in 1998 and is based in Roissy, France.


DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2014 M&A 1 of 1