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Complementary Acquisition Expands WFS in US Cargo Handling Market

Worldwide Flight Services (WFS) is in agreement to acquire Consolidated Aviation Services (CAS). Financial terms were not disclosed. The transaction is subject to regulatory approval and other customary closing conditions. CAS, headquartered in New York, is one of the leading cargo handlers in the United States, serving over 250 airline customers. WFS, which was acquired by Platinum Equity in September 2015, is present at over 145 major airports in more than ... [+]

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