The transaction is expected to be completed by June 2025, subject to regulatory approval, and once it goes through, Menzies will operate in over 340 airports in 65 countries with a global team of 65,000 employees.
It is expected to boost Menzies’ group revenue by 20% to over $3.1 billion based on 2024 revenue figures.
The acquisition of G2 will expand Menzies’ US services to employ nearly 20,000 team members working across more than 100 airports.
John Redmond, Executive Vice President Americas at Menzies Aviation, said: “This deal enhances our presence in the United States - the largest and most dynamic aviation market worldwide, and we look forward to working with the G2 team to realise the potential for growth. We are confident in the resilience and strength of the US economy and aviation market, where we have been a key player for 25 years.”
Julie Gostic, CEO of G2, added: “We’re proud to be joining Menzies Aviation, the global leader in aviation services, and entering an exciting new era of growth. I look forward to building on our reputation for consistency and high-quality standards while also maintaining a close relationship with our customers, who can expect to see the same level of premium service.”
