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29 April 2024

Dnata enters South America, buys stake in Brazil firm

Published
By Staff

Dnata, an air services provider, has reached an agreement with Brazil’s RM Ground Services to purchase a majority stake in the company, making Dubai-based company’s entry into the South American continent.

RM Ground Services, founded in 2004, operates at more airports in Brazil than any ground handling company.

It offers passenger and ramp handling as well as cargo services. The company has 2,100 employees, serves over 400 flights a day at 24 airports across the country.

The company’s domestic clients include GOL, AZUL, Avianca and TAM Airlines. RM also provides services to international airlines and major cargo carriers.

“The purchase of RM Ground Services is an important milestone for dnata. This latest acquisition opens the door for dnata to serve one of the world’s fastest-growing aviation regions, South America,” said Stewart Angus, dnata’s Divisional Senior Vice President of International Airport Operations.

Under the deal, the Recife-based company will be rebranded to dnata, and Ricardo Morrison will continue as CEO. All current staff will also remain with the company.

The acquisition of RM Ground Services closely follows other recent high-profile transactions by dnata, including the investment in ground handling operations in Milan and cargo facilities at Amsterdam Schiphol Airport.