Menzies Aviation has completed its acquisition of G2 Secure Staff, an aviation service partner for airlines across the US, rendering it the largest independent aviation services provider in the country.
The deal, which has been valued at 305 million USD, is expected to boost Menzies’ Group revenue by 20% above 3.1 billion USD, when based on figures on the 2024 financial year.
Menzies current Executive Vice President Americas, John Redmond, will remain as leader of the region, with G2 senior management joining his team.
Hassan El-Houry, Executive Chairman, Menzies Aviation said:Acquiring G2 is a strategic long-term investment and significant milestone in our 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 U.S. 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 our confidence in the resilience of the U.S economy and U.S. consumer.
After 25 years as a key player in the U.S. market, we are now structurally aligned to support capacity growth, digital transformation, and labour demand. I’m proud of how far we have come as a business and excited to welcome our new G2 colleagues, whose talent and experience will be vital to our shared success.
Menzies’ presence within the US has now doubled to more than 110 locations, with the company expanding services at a number of airports including Hartsfield-Jackson Atlanta International Airport (ATL) and major airline hubs such as Los Angeles International Airport (LAX) and Denver International Airport (DEN).
The deal is hoped to improve the company’s global connectivity, as well as strengthen its ability to support airlines and airports with progression of sustainability goals.
Following the acquisition; G2’s operations will officially be rebranded as Menzies Aviation, with integration set to begin immediately.
Philipp Joeinig, Group CEO, Menzies Aviation said:This deal isn’t just scale for the sake of scale. It’s high-volume, high-readiness infrastructure that meets growing airline demand for seamless, multi-airport service coverage. It provides an opportunity to raise standards for aviation services across the U.S and globally through the roll out of our 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’re focused on working together to capitalise on our strengths to support our 20,000-strong U.S. team to deliver greater value for our partners.
