Worldwide Flight Services expands with Swedish acquisitions

Worldwide Flight Services (WFS), a leading global air cargo handler and a member of the SATS Group, has expanded its international cargo handling capabilities with the acquisition of Swedish-based Terminal & Transporttjänst i Sigtuna AB and sister company APH Logistics AB.

Nathan Holland and Chris Harper in PKF Francis Clark’s transaction services team provided hands-on buyside support to WFS on the deal, including due diligence, share purchase agreement advice and valuation support.

Colleagues at PKF Revidentia AB in Stockholm provided tax advice.

Nathan said: “We were pleased to support WFS to expand their global presence through this strategic acquisition. This cross-border transaction highlights our ability to help our clients to achieve their ambitions throughout Europe and beyond, working in collaboration with our colleagues in the PKF Global network to provide a full suite of buyside transaction services.”

Deep Sagoo, SVP Business Development Europe at WFS, said: “PKF provided a professional and highly responsive service for this transaction, with their team fully available to support WFS on due diligence and transaction documentation. Great work from Nathan and Chris at PKF.”

Read more: PKF Francis Clark wins Corporate Advisory Team of the Year at South West Dealmakers Awards