Cargolux offloads stake in Champ CargoSystems to co-owner Sita

Champ CargoSystems, looking for a new owner for some time, has finally been wholly acquired by Sita, its 51% shareholder, following a sale by Cargolux. Champ is now a wholly-owned Sita ...

Cargolux CHAMP Cargosystems M&A SITA

Jan 24, 2022• Comments•

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News / 'It needs to re-invent itself' – Champ Cargosystems loses ground

Champ Cargosystems’ future remains in doubt, with observers pointing to falling staff numbers and customers ...

Cargolux CHAMP IBS Kale Logistics Solutions SITA

Jun 18, 2021• Comments•

News / Champ isn't for sale, says outgoing CEO, but may be open to new investors

Outgoing chief executive of Champ Cargosystems Arnaud Lambert has denied the IT company is up ...

Cargolux CHAMP M&A SITA

Sep 7, 2020• Comments•

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