John Menzies plc (“Menzies”), the global aviation services business announces the expansion in Central America with the acquisition of Interexpresso and additional contract wins in the Oceania region.
Menzies has agreed to acquire 51 percent of Interexpresso Costa Rica Corporación ILC, S.A. (“Interexpresso”) which will see Menzies’ footprint expand in Central America.
Philipp Joeinig, chairman and CEO, said: “I am pleased to announce our expansion in the Central American region. We have found a knowledgeable partner in Interexpresso and, working together, we will be able to open doors in new, attractive, higher margin and emerging markets in the region.”
Interexpresso is an aviation service provider operating in Central America and headquartered in Costa Rica. Interexpresso’s core business relates to cargo handling and aviation security services, primarily consisting of cargo document handling, cargo security screening and aircraft access control.