National Aviation Services (NAS), Colossal Africa and a consortium of the existing executive management team have agreed to buy South African ground handling firm BidAir Services from Bidvest Group.
BidAir Services offers handling services such as passenger handling, ramp handling, load control and operations, cleaning, as well as toilet and water services at nine South African airports. The company is said to be the largest ground handling company in South Africa.
These services are offered at three main international gateways, including OR Tambo International (JNB) in Johannesburg, Cape Town International (CPT) and King Shaka International (DUR) in Durban.
The firm serves 28 major airlines such as Emirates, Etihad Airways, British Airways, Qatar Airways, Singapore Airlines, Air France, Ethiopian Airlines and RwandAir.
NAS and Colossal Africa said that they are committed to investing in facilities, infrastructure, equipment, technology, recruitment and training.
NAS CEO Hassan El-Houry said: “We believe that the success of the aviation industry in Africa is tied to its economic prosperity and have made significant investments into the industry across the continent.
“BidAir Services is known for its excellent customer service. With its experienced management team and dedicated workforce, we can add value by reinforcing its capabilities, training and investment into the company to further enhance its position in the local market.
“With NAS, Colossal Africa and BidAir Services joining hands, we will ensure the highest level of airport handling services in South Africa.”
The deal closing awaits the fulfilment of final requirements from the Airports Company of South Africa (ACSA), which manages South Africa-owned airports and other regulatory approvals.
Upon deal completion, BidAir Services will join NAS, which is claimed to be Africa’s largest airport services network.