M&A Deal Summary

Menzies Aviation Acquires Finnhandling AB

On November 5, 2007, Menzies Aviation acquired airliner Finnhandling AB from Finnair

Acquisition Highlights
  • This is Menzies Aviation’s 5th transaction in the Airlines sector.
  • This is Menzies Aviation’s 1st transaction in Finland.

M&A Deal Summary
Date 2007-11-05
Target Finnhandling AB
Sector Airlines
Buyer(s) Menzies Aviation
Sellers(s) Finnair
Deal Type Divestiture

Target

Finnhandling AB

Finland
Finnhandling AB is a provider of ground handling services for domestic airports in Finland.

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Buyer(S) 1

Buyer

Menzies Aviation

Edinburgh Park, United Kingdom
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 12 of 21
Sector (Airlines) 5 of 8
Type (Divestiture) 2 of 5
Country (Finland) 1 of 1
Year (2007) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-05 Northport Norway A/S

Gardemoen, Norway

Northport Norway A/S is a provider of ground handling services to the aviation industry. The company offers passenger check-in, aircraft fuelling and cleaning, ticketing, station controlling, and technical services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-24 Airline Cargo Resources Pty

Gauteng, South Africa

Airline Cargo Resources Pty Ltd. is a provider of cargo handling and landside trucking services.

Buy -

Seller(S) 1

SELLER

Finnair

Vantaa, Finland
Category Company
Founded 1923
Sector Airlines
Employees5,673
Revenue 3.0B EUR (2023)
DESCRIPTION

Finnair is an operator of airlines, focuses on traffic between Europe and Asia. Finnair was founded in 1923 and is based in Vantaa, Finland.

DEAL STATS #
Overall 2 of 3
Sector (Airlines) 2 of 2
Type (Divestiture) 2 of 3
Country (Finland) 1 of 2
Year (2007) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-05 Northport Norway A/S

Gardemoen, Norway

Northport Norway A/S is a provider of ground handling services to the aviation industry. The company offers passenger check-in, aircraft fuelling and cleaning, ticketing, station controlling, and technical services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-23 SMT Travel Agency

Vantaa, Finland

SMT Travel Agency is a travel management company. It offer all sizes of companies and organizations tailor-made travel and event management, and develop e-services to the needs of Finnish companies.

Sell -
Mergr

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