M&A Deal Summary

Menzies Aviation Acquires Ogden Ground Services

On July 25, 2000, Menzies Aviation acquired airliner Ogden Ground Services for 79M GBP

Acquisition Highlights
  • This is Menzies Aviation’s 1st transaction in the Airlines sector.
  • This is Menzies Aviation’s 2nd largest (disclosed) transaction.
  • This is Menzies Aviation’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2000-07-25
Target Ogden Ground Services
Sector Airlines
Buyer(s) Menzies Aviation
Deal Type Add-on Acquisition
Deal Value 79M GBP

Target

Ogden Ground Services

Staines, United Kingdom
Ogden Aviation Services is one of the world's largest independent (non-airline owned) aviation support companies. Its principal business is the provision of ground handling services, in particular air cargo, passenger and ramp handling services, for which it has operations at 57 airports in 20 countries.

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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 2 of 22
Sector: Airlines M&A 1 of 8
Type: Add-on Acquisition M&A Deals 2 of 17
Country: United Kingdom M&A 1 of 4
Year: 2000 M&A 1 of 1
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-07-29 BOC Cargo Services Pty

Australia

BOC Cargo Services Pty Ltd. is an independent air cargo handler, having commenced operations at Melbourne airport in March 1998 where it operates from a 54,000 sq ft. facility, handling over 45,000 tonnes of cargo per annum. Its customers are Cathay Pacific, Thai Airways, FEDEX and American International. BOCCSA is currently developing a similar facility at Sydney airport where it will commence trading off-airport later this year, prior to on- airport development. Melbourne and Sydney airports account for over 70 per cent of all Australian air cargo flown.

Buy AU$5M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-05-08 The Wyng Group

United Kingdom

The Wyng Group is a UK based ground handling and air cargo trucking organisation with net assets of some £50,000 and an annual turnover of £6.3m.

Buy -