Menzies Aviation Acquires G2 Secure Staff for $305 Million
The US-based Menzies Aviation, which is part of Kuwait-based Agility Global and the world’s largest provider of ground, fuel and air cargo services for the aviation industry, has completed its acquisition of G2 Secure Staff, an aviation service partner of choice for major airlines across the US.
The $305 million deal strengthens the position of Menzies as the world’s largest aviation services provider, operating at 350 airports in 65 countries, powered by a team of 65,000 highly trained people. The deal is expected to boost Menzies’ Group revenue by 20% to more than $3.1 billion, based on FY2024 figures.
The acquisition positions Menzies as the leading player by airports served in the US, the world’s largest and most dynamic market. The Menzies G2 combination provides operational resilience and adds new, instantly deployable capabilities.
G2’s expertise in ground services, including passenger assistance and cabin cleaning, complements and enhances Menzies’ ground, air cargo and fuel services portfolio, Menzies Aviation said on Tuesday.
Menzies current Executive Vice President Americas, John Redmond, will continue to lead the region as he has done for 18 years. G2 senior management will join John’s team.
Menzies Aviation Executive Chairman Hassan El-Houry said that acquiring G2 is a strategic long-term investment and significant milestone in Menzies Aviation’s global growth journey. It is also a direct response to customer demand for Menzies to offer a broader range of services at more airports.
With US passenger volumes expected to surpass one billion by 2040 and rising airport infrastructure investment, this deal positions Menzies at the centre of the country’s aviation momentum and underscores their confidence in the resilience of the US economy and US consumer, he said
“After 25 years as a key player in the US market, we are now structurally aligned to support capacity growth, digital transformation, and labour demand” he added.
US Footprint Doubled
Menzies’ US footprint has doubled to over 110 locations, expanding services at more airports, including the world’s busiest Hartsfield-Jackson Atlanta International Airport (ATL) and major airline hubs such as Los Angeles International Airport (LAX) and Denver International Airport (DEN).
The deal improves Menzies’ global connectivity, enabling customers to benefit from Menzies’ industry-leading safety and security standards and operational excellence on arrival and departure at more locations. It will also strengthen Menzies’ ability to support airports and airlines with progressing their sustainability goals, such as reducing scope three targets.
Menzies Aviation Group CEO Philipp Joeinig said that this deal is a high-volume, high-readiness infrastructure that meets growing airline demand for seamless, multi-airport service coverag and provides an opportunity to raise standards for aviation services across the US and globally through the roll out of their industry-leading training, safety, sustainability and technology across all new operations.
“With our reach extending into dozens of new local economies, we see the G2 Menzies combination unlocking job creation and upskilling opportunities. G2 has built a successful business, and we are focused on working together to capitalise on our strengths to support our 20,000-strong US team to deliver greater value for our partners,” he added.
G2’s operations will be rebranded as Menzies Aviation. Integration will begin immediately, deploying Menzies’ global standards for training, safety, sustainability and technology across all new operations to ensure a seamless transition for employees, customers and partners.
