Swissport International, the world’s leading provider of aviation services, has increased the voting rights in its Unitpool subsidiary to around 95%. As a result of the new ownership structure, current Unitpool shareholder and Managing Director Philip Hill has elected to leave the company to seek a new career challenge.
Swissport acquired a shareholding in this young and dynamic company in April 2002 as part of a management buyout, and has since been closely and actively involved in its further business development. Unitpool, which is part of the parent company’s Swissport Cargo Services division, specialises in providing the full range of handling and management services (including pooling, maintenance and repair) for aircraft cargo containers or unit load devices (ULDs).
Unitpool currently maintains business relations with over 30 international airlines at some 200 destinations around the world, handling more than 22’000 ULDs a year.
No further details are being disclosed of Unitpool’s annual revenues or of the value of the share transaction.
In view of Philip Hill’s departure, Dani Sudan, currently Director of Operations, will assume the overall management of the company and its 43 employees on an interim basis with effect from July 25.
“I would like to express Swissport’s thanks to Philip Hill for all his energies and endeavours in helping establish Unitpool as market leader in its industry segment,” says Dr. Ludwig H. Bertsch, Executive Vice President Cargo Services at Swissport International. “And I can confirm that Unitpool will continue to pursue the growth strategy that has already brought it such tangible business success.”
Swissport International is selling a majority shareholding in its ULD management subsidiary Unitpool Ltd. to Aviation Services Holding (ASH) effective October 24.
Swissport Cargo Services Netherlands will be meeting all of Lufthansa Cargo’s airfreight and ramp handling needs at Amsterdam Airport for a three-year period.
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