Investment firm Platinum Equity has completed its acquisition of Worldwide Flight Services (WFS), the world's largest cargo handler, from LBO France for an undisclosed sum. WFS, which was formed in 1971, is active at over 145 major airports, employs 14,000 staff and generates annual revenues in excess of €750 million ($851 million). The company also provides ground handling and technical services, processing 50 million passengers and over four million tonnes of cargo per ...

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