Air service provider dnata has reached an agreement with Brazil’s RM Ground Services to purchase a majority stake in the company. The acquisition marks dnata’s first step into the South American continent.
RM Ground Services was founded in 2004 and offers passenger, ramp handling and cargo services. The company has 2,100 employees and 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.
Stewart Angus, dnata’s Divisional Senior Vice President of International Airport Operations commented: “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. We look forward to building on the excellent foundations that already exist at RM Ground Services.”
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.