John Menzies PLC (LON:MNZS) announced that its subsidiary Menzies Aviation has acquired the trade and assets of Airline Services Limited, a UK-based aircraft de-icing specialist, from Airline Services and Components Group Limited.
The FTSE SmallCap firm said Airline Services, with an annual turnover of £34.9mln, provides de-icing and aircraft presentation services to over 60 airlines at 12 UK airports, together with ground handling operations at London Gatwick airport.
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The company added that the acquired trade and assets takes Menzies into 4 new UK airport locations, namely Liverpool, Newcastle, Birmingham and Exeter.
Forsyth Black, managing director of Menzies Aviation, said: “This is a significant addition to our UK business and is in line with our strategy to offer the deepest portfolio of products to our airline customers.”
He added: “The deal strengthens our market position in the UK, extends our product offering and takes us into new airports where we can now offer the full suite of Menzies services and continue to grow our business.”