M&A Deal Summary

Menzies Aviation Acquires The Wyng Group

On May 8, 2002, Menzies Aviation acquired airliner The Wyng Group

Acquisition Highlights
  • This is Menzies Aviation’s 2nd transaction in the Airlines sector.
  • This is Menzies Aviation’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2002-05-08
Target The Wyng Group
Sector Airlines
Buyer(s) Menzies Aviation
Deal Type Add-on Acquisition

Target

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.

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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 3 of 21
Sector (Airlines) 2 of 8
Type (Add-on Acquisition) 3 of 16
Country (United Kingdom) 2 of 4
Year (2002) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-07-25 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.

Buy £79M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-03 Aeroground

San Francisco, California, United States

Aeroground, Inc. is a provider of air cargo handling services.

Buy $28M