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CMS Hasche Sigle successfully advises Swissport on restructuring of its German operations

29/04/2009

An interdisciplinary, multi-location team from CMS Hasche Sigle has successfully advised Swissport on the restructuring of its operations in Germany. With
more than 33,000 employees around the world, Swissport is a leading provider of ground handling services to the aviation sector.

At the heart of the complex transaction is the spin-off and sale of the entire passenger handling business (excluding cargo) to a competitor, AHS Aviation Handling Services. This company is now taking over handling of passengers and aircraft on behalf of airlines, as well as their on-site representation, at the fourteen largest German airports. AHS is gaining around 700 employees as part of the deal. The transaction volume and restructuring costs were not disclosed.

Advisers CMS Hasche Sigle:

Prof. Björn Gaul (Lead Partner)
Dr Björn Otto
Dr Sören Langner (all Employment)
Klaus Jäger
Dr Malte Bruhns, LL.M.
Dr Hagen Weishaupt
Verena Bolz (all M&A, Corporate)
Dr Thomas Link
Marcus Fischer (both Tax)
Dr Rolf Leithaus
Dr Anne Riewe (both Insolvency)
Dr Anja Hasselmann-Thiede, LL.M.
Dr Julia Runge (both Banking)

Contact:

Prof. Björn Gaul
Tel.: +49 221 7716 128
E-mail: Björn.Gaul@cms-hs.com

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