Saturday, June 15, 2024

Cerberus Capital Management enters deal to acquire WFS

Cerberus Capital Management has entered into an agreement to acquire handling agent Worldwide Flight Services (WFS) from Platinum Equity. Founded in 1992, Cerberus specialises in alternative investing with approximately $34 billion in assets across complementary credit, private equity, and real estate strategies. Paris-headquartered WFS is the world’s largest air cargo handler and provider of ground […]