Announced

Completed

Argenbright completed the acquisition of Delta Global Services.

Synopsis

Argenbright completed the acquisition of Delta Global Services, a wholly owned subsidiary of Delta Air Lines, to form a premier aviation and ground handling service provider under the DGS name. The new DGS, under management of the Argenbright team, will create more career opportunities for employees and will be strongly positioned to provide unparalleled service to airline customers as a best-in-class provider of airline-related services, ground support equipment maintenance, security and more. The Argenbright team has the experience, focus and industry relationships to advance DGS’ growth potential and level of service. DGS will continue to operate at the same airport locations it currently serves, and the transaction will not have any day-to-day impact on Delta customers. “Building a standalone business under the leadership of the Argenbright team better positions DGS to expand the breadth and quality of its service offerings and provide an elevated experience to the airlines that DGS services, including Delta,” said Mark Gurney, President – DGS. “The new DGS will benefit from the Argenbright team’s industry experience, track record of enhancing aviation services businesses and focus on supporting employees. Delta will be an equity partner in the combined company and as one of DGS’ largest customers for aviation services, Delta will have a vested interest in the future of the new organization. With improved operations and performance, DGS will deliver enhanced value for our customers and employees and will be a more dedicated aviation services provider.”

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