Investment Summary

Worldwide Flight Services Invests In Fraport Cargo Services

On November 6, 2015, Worldwide Flight Services invested in transportation company Fraport Cargo Services

Investment Highlights
  • This is Worldwide Flight Services’ 1st transaction in the Transportation sector.
  • This is Worldwide Flight Services’ 1st transaction in Germany.

Investment Summary

Date 2015-11-06
Target Fraport Cargo Services
Sector Transportation
Investor(s) Worldwide Flight Services
Deal Type Stake Purchase

Target

Fraport Cargo Services

Frankfurt am Main, Germany
Fraport Cargo Services has been the largest provider of independent cargo handling services at Frankfurt Airport, Europe’s joint largest cargo airport alongside Paris CDG. Frankfurt Cargo Services GmbH has been known as one of the first choices for airfreight handling from and to Frankfurt.

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Investor(S) 1

Investor

Worldwide Flight Services

Roissy, France

Category Company
Founded 1984
Sector Airlines
Employees6,200
DESCRIPTION

Worldwide Flight Services is a provider of ground services at over 60 major airports. WFS provides ramp, passenger, cargo, and technical services for more than 200 domestic and international airlines, including American, Continental, British Airways, Cathay Pacific, and Korean Airlines. Worldwide Flight Services was founded in 1984 and is based in Roissy, France.


DEAL STATS #
Overall 1 of 2
Sector: Transportation M&A 1 of 2
Type: Stake Purchase M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2015 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-11 Consolidated Aviation Services

Jamaica, New York, United States

Consolidated Aviation Services is a provider of an import and export cargo handling services. Cargo Airport Services coordinates the process of transferring and releasing cargo between air carriers and ground transportation providers at major airports.

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