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ECS Group makes Asian acquisition to consolidate business

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With booming prospects and strong expansion plans in the burgeoning air freight markets of emerging economies like Turkey, global GSSA leader has acquired a majority stake in AVS GSA. In the presence of Monchai Jirakiertivadhana, group chairman of AVS GSA, Bertrand Schmoll, group chairman & CEO of ECS Group, Thomas ONG, group CEO of AVS GSA and Adrien Thominet, group COO of ECS Group, the deal was formally signed, in Singapore, which is one of the two regional headquarters of the AVS GSA Group.

“AVS GSA is determined to offer high quality services to our partners day after day. We are delighted about our partnership with ECS Group and the association with the global leader in GSA will help us enlarge our portfolio of airlines,” says Monchai Jirakiertivadhana, group chairman of AVS Group. “We decided to come together based on mutual trust. AVS GSA and ECS Group share common objectives, have high degree of professionalism, tremendous inclination for innovation and, top it all, we are extremely passionate about airline business,” Jirakiertivadhana said about the acquisition. He also added that the coming together is a “win-win partnership”. “While the partnership strengthens the Asian network for ECS Group, for AVS GSA, it allows us to be a stronger and more valuable partner to our principals.”

“It is important to have a local partner, who shares a common vision, and has an experienced team of professionals with deep knowledge and extensive network into the local market. In AVS GSA Group we have found the right chemistry for mutual growth,” said Bertrand Schmoll, ECS group chairman & CEO.

Talking about the partnership, Thomas ONG, Group CEO of AVS GSA states that AVS GSA Group compliments perfectly the network of ECS Group. Both Groups represents DHL Aviation in each of our own territory. They also share other principals like Oman Air, Malaysian Airlines, etc. There was a perfect understanding among all key people involved in this deal. ECS Group has a strong reputation and global leadership position in the air freight industry and we are proud to be part of the team.

BS + AVS site internet

Stat Times

 
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