Menzies Aviation expands presence in Bulgaria, buys majority stake

Menzies Aviation has expanded its presence in the Balkans by agreeing to buy a majority stake in Cargo Handling Services (CHS) at Sofia International Airport (SOF) in Bulgaria. The joint venture increases Menzies Aviation’s footprint in Europe to 50 airports in 17 countries, says an official release. Established in 2016, CHS provides a range of cargo services at SOF including warehousing, import and export handling, mail handling and temperature-controlled storage, the release said. “CHS will benefit from being part of Menzies’ global network and will transition to the Menzies brand and its best-in-class standards and systems.” “CHS is a well-regarded cargo provider at Sofia Airport, which has potential for significant growth,” says Miguel Gomez Sjunnesson, Executive Vice President, Europe, Menzies Aviation. “Strategically, this investment supports our ambitions to accelerate growth by expanding our air cargo business and entering emerging aviation markets. We’re looking forward to working with our new partners, and, in the long-term, increasing our market share at Sofia Airport.”