16.07.2012

Swissport acquires Finnish company Inter Handling

Acquisition of ground handling activities enables Swissport to offer airline customers a full service portfolio in Finland.

Swissport International, a leading global provider of ground services to the aviation sector, has acquired the Finnish ground handling company Inter Handling and its sister company Inter Handling Turku. Inter Handling offers ground handling services at various airports in Finland, including its biggest operation in Helsinki Airport.

According to Swissport, the acquisition providing a perfect addition to Swissport’s recently established Finnish operation and allows the company to rapidly and efficiently build its network and service portfolio in Finland. Swissport established its operations in Finland on 1December 2011, providing baggage and apron services for Finnair at its Helsinki Airport hub.

“Inter Handling has a good reputation among customers, experienced management, and strong operational performance, making it a valuable addition to Swissport’s network. The acquisition will enable us to further improve efficiencies in our operations, add passenger handling services to our Finnish portfolio and add further stations to our network,” says Juan Jose Andres Alvez, Swissport’s Executive Vice President of Ground Handling for Europe, Middle East, Asia and Africa.

In 2011, Inter Handling and Inter Handling Turku had a combined annual revenue of about EUR 7.5 million and they handled more than 19,000 flights. Swissport International Ltd provides ground services for about 108 million passengers and 3.2 million tonnes of cargo a year, and generated consolidated operating revenue of CHF 1.7 billion in 2011.


Source: Swissport International