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SWISSPORT-Acquition of SWISSPORT Internationa by The CHINESE HNA Group
SWISSPORT-Acquition of SWISSPORT Internationa by The CHINESE HNA Group
SWISSPORT-Acquition of SWISSPORT Internationa by The CHINESE HNA Group
Dear Sir,
On 30th July 2015 PAI Partners SAS (“PAI Partners”) agreed to the sale of
Swissport Group (“Swissport”) to the Chinese HNA Group Co. Ltd. (“HNA
Group”). The transaction was unanimously approved by the Board of Directors
of both, the HNA Group and PAI Partners, and is expected to close by the end
of this year, subject to regulatory approval by the relevant authorities.
Swissport, the world´s largest ground and cargo handling company, will
remain as a standalone business within the HNA Group, complementing the
conglomerate´s existing core activities including aviation, airport management,
logistics and tourism.
Please be assured that Swissport customers can continue to rely on the same
high quality service levels going forward. The Swissport management team is
very much looking forward to working with the HNA Group and to continue
strengthening the Swissport network around the globe.
We will be happy to clarify further should you have any specific question.
Yours Sincerely,
Gaudence K. Temu
CHIEF EXECUTIVE OFFICER