Menzies Aviation Expands with $305M Acquisition of G2
Deal News | Apr 14, 2025 | PR Newswire Cision Menzies Aviation
Menzies Aviation, a global leader in aviation services and a part of Agility Global, has announced a significant acquisition of G2, a U.S.-based aviation services company, in a deal valued at $305 million. This acquisition will bolster Menzies' presence in the U.S., expanding its global network to 340 airports with a workforce of 65,000 employees. The move is anticipated to increase Menzies' annual revenue by 20%, reaching over $3.1 billion based on fiscal year 2024 figures. Menzies, headquartered in London, aims to strengthen its position as the world's largest aviation service provider in terms of countries, airports, and aircraft turns. G2, on the other hand, was founded in 2005 in Irving, Texas, and provides various aviation services across more than 85 U.S. airports. The deal, which is subject to regulatory approvals, is expected to be completed by June 2025 and will see G2 rebranded as Menzies, with an emphasis on maintaining high service standards and operational excellence.
Sectors
- Aviation Services
- Mergers and Acquisitions
Geography
- United States – G2 is a U.S.-based company, and the acquisition significantly enhances Menzies' footprint in this major aviation market.
- United Kingdom – Menzies Aviation, headquartered in London, UK, is the acquiring company in this transaction.
Industry
- Aviation Services – The acquisition emphasizes growth and consolidation within the aviation services industry, where both Menzies and G2 operate.
- Mergers and Acquisitions – This article is centered around the acquisition of G2 by Menzies Aviation, highlighting M&A activities.
Financials
- $305 million – The purchase price for Menzies Aviation's acquisition of G2.
- $3.1 billion – Expected annual revenue for Menzies Aviation post-acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Menzies Aviation | Acquirer | Company | A leading global aviation services company and part of Agility Global, with operations in over 65 countries. |
| G2 | Target Company | Company | A U.S.-based aviation services company with operations in over 85 airports, specializing in passenger and cargo services. |
| John Redmond | Executive Vice President Americas, Menzies Aviation | Person | Executive overseeing Menzies' operations in the Americas. |
| Julie Gostic | Chief Executive Officer | Person | CEO of G2, overseeing its integration with Menzies Aviation. |
| Bronwyn Torrie | Head of Communications, Menzies Aviation | Person | Responsible for communications at Menzies Aviation. |
| DGA Group | PR Agency | Company | Provided PR and communications support for Menzies Aviation. |