Ground power market consolidates
Article Abstract:
Heico Corp has sold Trilectron Industries to Hobart Ground Power, a manufacturer of ground power units, frequency converters and transformers. The acquisition, worth US$52.5 million, is still subject to approval under the Hart-Scott-Rodino Antitrust Improvements Act and is expected to be completed by yearend 2000. It brings further consolidation in the ground power market for airports and airlines.
Publication Name: Jane's Airport Review
Subject: Business, international
ISSN: 0954-7649
Year: 2000
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BAE bags Extreme line
Article Abstract:
BAE Automated Systems Inc, a leading manufacturer and integrator of baggage handling systems, has acquired Extreme Line Services (ELS). The acquisition is part of BAE's efforts to expand the facilities management segment of its business. ELS, a San Diego, CA-based company, specializes in the operation and maintenance of baggage handling systems and passenger boarding bridges. It also
Publication Name: Jane's Airport Review
Subject: Business, international
ISSN: 0954-7649
Year: 2001
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OGS now in Menzies table
Article Abstract:
The ground-handling operations of Ogden Aviation Services (OGS), which is part of the US-based Ogden Corp, has been acquired by Menzies Aviation Group, the aviation services arm of John Menzies, in a cash deal worth $105 million. The purchase of OGS by Menzies has created one of the world's largest ground-handlers with operations at over 72 airports in 22 countries.
Publication Name: Jane's Airport Review
Subject: Business, international
ISSN: 0954-7649
Year: 2001
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