Skip to content Skip to Search
Skip navigation

Kuwait’s Agility buys major US aviation support firm for $305m 

G2 Support Staff was was bought by Menzies Aviation, a unit of Kuwait's Agility Global Menzies Aviation
G2 Secure Staff was was bought by Menzies Aviation, a unit of Kuwait's Agility Global
  • G2 provides ground handling and more
  • Transaction will complete by June 30

Agility Public Warehousing Company of Kuwait is buying the American company G2 Secure Staff, one of the world’s largest aviation service providers, for $305 million.

G2 provides aviation support services to almost all major airlines in the US in more than 70 US airports, including ground handling, cabin cleaning and passenger assistance

The company was bought by Menzies Aviation, a unit of Agility Global, Agility said in a statement to the Kuwait stock exchange.

Agility said the transaction would be completed before June 30, and is subject to regulatory approval.

G2’s finances will be consolidated with those of Menzies, boosting the group’s revenue by 20 percent to more than $3 billion.

“This acquisition will be financed by existing external credit facilities extended to subsidiaries of Agility Global,” Agility said.

Register now: It’s easy and free

AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East.

Why sign uP

  • Exclusive weekly email from our editor-in-chief
  • Personalised weekly emails for your preferred industry sectors
  • Read and download our insight packed white papers
  • Access to our mobile app
  • Prioritised access to live events

I’ll register later