News / WFS continues its expansion with takeover of US's largest cargo handler, CAS

Consolidation in the cargo handling business continues apace, following WFS’s acquisition of North America’s largest cargo handling company Consolidated Aviation Services (CAS) for an undisclosed amount.

The latest deal gives European WFS a stronghold in major US airports.

After private equity company Platinum Equity acquired WFS last year, the handler announced it planned to double in size through acquisition. It then acquired 51% of Fraport Cargo Services.

CAS was bought by ICV Partners in 2011 for between $100 and $500m, according to press ...