Tuesday, 02 January 2024 12:17 GMT

Menzies Aviation Doubling U.S. Reach With $305 Million Deal


(MENAFN- The Arabian Post) Arabian Post Staff -Dubai

Menzies Aviation, the wholly owned subsidiary of logistics firm Agility, has completed its acquisition of G2 Secure Staff for a total enterprise value of $305 million, with an additional $10 million payable in 2026 upon meeting performance targets. The transaction immediately doubles Menzies' U. S. footprint, adding more than 110 locations across key hubs such as Atlanta, Los Angeles and Denver. Menzies will consolidate G2's operations under its own brand and begin integration at once to ensure continuity for staff, clients and partners.

The acquisition is projected to result in a 20 per cent uplift to group revenue, taking it beyond $3.1 billion based on fiscal 2024 figures. This marks a pivotal expansion within the United States-arguably the world's most dynamic aviation market-and fortifies Menzies' standing as the largest independent aviation services provider in the U. S.

Menzies now operates across 350 airports in 65 countries, supported by a workforce numbering tens of thousands. The addition of G2's expertise in passenger assistance, cabin cleaning, ground and air cargo handling significantly enhances its service portfolio.

Menzies' Executive Vice-President for the Americas, John Redmond-who has led the region for nearly two decades-will continue to steer U. S. operations with support from G2's senior leadership. Both companies emphasise that the culture and values of each will be integrated to benefit employees and clients.

Hassan El-Houry, Executive Chairman of Menzies Aviation, frames the acquisition as a strategic bet on enduring demand in the U. S. aviation sector. He notes that U. S. passenger traffic is expected to exceed one billion by 2040, amid rising airport infrastructure investments, and says the deal builds structural capacity for growth, digital transformation, and labour demand.

See also Chris Rokos Capital to Open Abu Dhabi Office

Group CEO Philipp Joeinig describes the deal as more than simple expansion. He highlights that the added infrastructure is“high-readiness,” tailored to meet growing airline demand for seamless service across multiple airports. Menzies plans to roll out its leading standards in training, safety, sustainability, and technology to the newly acquired operations.

Menzies and G2 are now aligned to elevate operational excellence, with the rebranded operations aimed at reinforcing both efficiency and service standards. The integration promises job creation and upskilling for the combined U. S. workforce, which will operate under unified management and best-in-class protocols.

Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com . We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.

MENAFN27082025000152002308ID1109984403



The Arabian Post

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search