Merodis advises VIA Group on its sale to Network Aviation Group
Merodis advises VIA Group on its sale to Network Aviation Group
Merodis, an independent corporate finance advisory firm, is pleased to announce that it successfully advised the shareholders of VIA Group on the sale of 100% of their shares to UK-based Network Aviation Group (NAG).
Headquartered at Brussels Airport, VIA Group is the market leader for air cargo transport on the Belgium-to-Democratic Republic of the Congo (DRC) route. Through this cross-border transaction, NAG acquires VIA Group’s widely respected expertise and expands its business offering in Africa, the second fastest growing air freight market in the world. In turn, VIA Group stands to benefit from NAG’s platform capabilities to strengthen its contract portfolio and enhance its supply chain.
VIA Group (www.viagroup.be) is a Belgium-based provider of air freight services to Africa and is the go-to partner for seamless and secure Belgium-to-DRC air freight by offering regular full freighter charter flights. The Company also acts as a General Sales Agent (GSA) for cargo services within the territories of Belgium and Luxembourg. Founded in 1993, VIA has built a longstanding portfolio of freight forwarder and cargo owner clients and currently generates approximately EUR 20m in annual revenues.
Network Aviation Group (NAG) (www.network-airline.com) is a global air freight specialist whose services cover virtually all aspects of aviation cargo sales, logistics and management of freighter and passenger aircraft. Founded in 1985 and formerly known as ANA Aviation, the Group includes freighter, GSA and freight forwarding divisions and manages a fleet of freighter aircraft on a network of scheduled routes and charter operations throughout the world. NAG is headquartered near London’s Gatwick Airport and handles over 100m kilos of cargo annually.