Swissport buys 51% of Cabo Verde Handling from ASA

What's the deal? Swissport InternationalDealroom has a profile for this one. Try Dealroom → has agreed to acquire 51% of Cabo Verde HandlingDealroom has a profile for this one. Try Dealroom → from Cape Verde's airport authority ASADealroom has a profile for this one. Try Dealroom →, taking majority control of the company. Law firm PLMJDealroom has a profile for this one. Try Dealroom → advised ASA on the sale. The deal value was not disclosed.

What each side does: Cabo Verde Handling provides ground handling services at Cape Verde's airports. Swissport is one of the world's largest providers of airport ground and cargo handling.

What's the endgame? The majority stake gives Swissport operational control of ground handling in the archipelago, extending its footprint into West Africa's Atlantic aviation hub.

The signal: The transaction reflects the continued consolidation of airport ground handling under a handful of global operators, as state-owned authorities bring in international partners to run their services.

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Image credit: SuperJet International