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DB Schenker has promoted Joachim Schaut to executive vice president, head of ocean for Europe. ...
Kuehne + Nagel’s global head of M&A, Pablo von Siebenthal, (above) has been appointed to the newly created position of global head of mergers & acquisitions at ground handler Swissport.
Mr von Siebenthal has run the M&A department at Kuehne + Nagel since 2018, but will join Swissport on 1 April, where he will report to chief financial officer Iván Nash Vila,
“Pablo joins Swissport at a very exciting time, as air traffic is recovering at an accelerating pace following the Covid-19-related decline in demand,” Mr Nash Vila said.
“We want to leverage Swissport’s position as the global market leader in aviation ground services and execute an ambitious, global growth and acquisition plan. I am thrilled that Pablo will soon join our team,” he added.
During his time at Kuehne + Nagel, Mr von Siebenthal led M&A transactions across Europe, North and South America and Asia-Pacific with a total deal size of more than $2bn.
His previous roles include M&A advisor with PwC in Switzerland and Australia; a corporate development manager with a Swiss private bank; and part of Credit Suisse’s investment banking team. Altogether he has over 13 years of experience in investment banking and corporate development.
Swissport handled some 5.1m tons of cargo across over 100 air cargo centres in 2021 and posted record results for this business segment.
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