Agility Completes Acquisition of Menzies Aviation, for £763M
- Agility, a Kuwait City-based supply chain services, infrastructure and innovation company, finalized its acquisition of UK-based John Menzies PLC
- The deal values Menzies at approximately £571m on a fully diluted basis and approximately £763m on an enterprise value basis
- With the deal, the company will combine the business with its National Aviation Services (NAS) business to create a world leader in aviation services in 58 countries
- The combined company will provide air cargo services, fuel services and ground services at airports on six continents
- Combined revenues of Menzies and NAS exceeded $1.5 billion in 2021
