Menzies Aviation completes G2 Secure Staff acquisition: Menzies Aviation, a subsidiary of ADX-listed logistics firm Agility Global, closed the acquisition of 100% of US-based G2 Secure Staff, according to a disclosure (pdf). The transaction — first announced in April — wrapped at an enterprise value of USD 305 mn, plus a deferred USD 10 mn payment due in 2026 subject to performance.

Looking ahead: The transaction will add roughly 20% to Menzies’ revenue, bringing group revenues above USD 3.1 bn based on FY 2024 figures. G2’s operations will be rebranded under the Menzies name, with integration already underway.

REMEMBER- G2 has a big portfolio: Established in 2005, the firm offers ground and air cargo handling services, as well as passenger assistance to an extensive list of major US airlines, and the company operates in more than 340 airports in 65 countries.

On a streak: Menzies Aviation has been on an expansion streak over the past two years, wrapping four acquisitions that we know of. In 2024, the ground handling services giant napped a 50.1% stake in Groundforce Portugal and a 50% stake in Hong Kong’s Jardine Aviation Services Group. Earlier in 2023, the company entered the Bulgarian and Panaman markets, acquiring a majority stake in Bulgaria’s Cargo Handling Services and the London-based Aircraft Services and Consulting.

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