newstodate.aero
Sep 20, 2011 (newstodate): The Dutch cargo GSA Kales Group found a new owner this summer.
Financed through private equity, the French group World Freight Center, WFC acquired the Kales Group, a major player in the global GSA business with Peter Kales as its CEO and founder.
-The acquisition will further bolster the international expansion of Kales Group that will remain independent under its own name with its leadership unchanged as well, says Robert Christensson, Kales Group VP.
WFC is also the owner of a competing cargo GSA group, Air Logistics, but according to Mr Christensson there is no overlap of airline principals or business interests.
Financed through private equity, the French group World Freight Center, WFC acquired the Kales Group, a major player in the global GSA business with Peter Kales as its CEO and founder.
-The acquisition will further bolster the international expansion of Kales Group that will remain independent under its own name with its leadership unchanged as well, says Robert Christensson, Kales Group VP.
WFC is also the owner of a competing cargo GSA group, Air Logistics, but according to Mr Christensson there is no overlap of airline principals or business interests.