Cerberus Capital Management to acquire WFS

Cerberus Capital Management to acquire WFS: June 20, 2018: Platinum Equity has signed a definitive agreement to sell Paris-based ground handler giant Worldwide Flight Services (WFS) to affiliates of Cerberus Capital Management in a transaction valued at approximately €1.2 billion.The sale is expected to close during Q4 2018, subject to regulatory approval and certain closing conditions.WFS has a presence in 198 airport locations in 22 countries and ser

Cerberus Capital Management to acquire WFS

Platinum Equity has signed a definitive agreement to sell Paris-based ground handler giant Worldwide Flight Services (WFS) to affiliates of Cerberus Capital Management in a transaction valued at approximately €1.2 billion.

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