ECS Group buys Americas GSA to boost Central America growth
ECS Group present in 16 countries across Americas, on track to full coverage of the continent, from Canada to Chile
With its strong Latin American presence, particularly in Central America, the acquisition of Americas GSA expands ECS Group’s network, increasing its overall presence to 16 countries on the continent.
"In acquiring Americas GSA, ECS Group has taken a significant step towards its strategic goal of achieving full coverage across the Americas," says an official release.
The acquisition agreement was signed on October 29, 2023, the release added. "42 staff across 13 Americas GSA offices join ECS Group’s existing workforce of more than 80 local heroes in Latin America. They bring in an established, close network of freight forwarders and strategic exporters, and long-standing contracts with renowned airlines such as LATAM Airlines, MAS, Turkish Airlines, Lufthansa, Swiss, Korean Air, and Ethiopian Airlines, pushing the group’s airline portfolio up to more than 40 airlines."
Through Americas GSA, ECS Group gains a first-time presence in Bolivia, Costa Rica, El Salvador, Guatemala, Nicaragua and Panamá alongside its network of Argentina, Brazil, Canada, Chile, Colombia, the Dominican Republic, Ecuador, Mexico, Peru, and USA, the release added.
“Our vision is to become one of the largest air cargo GSAs in Latin America, not just in terms of network, but specifically as the GSA of choice for comprehensive international solutions delivered with local finesse," says Pablo Canales, Managing Partner – CEO, Americas GSA. "This partnership with ECS Group brings together a highly professional air cargo organisation with a strong global vision, and an established team with in-depth knowledge of the Latin-American market and close relationships with the largest customers in the region. Within this new alliance, Americas GSA will be able to offer even higher quality service, more opportunities tailored to the specific needs of our partners, airlines, and customers, and enjoy a firm technological and financial foundation on which to continue growing."
Adrien Thominet, Executive Chairman, ECS Group adds: “Americas GSA greatly augments our coverage in Central America, significantly adding to our strong network of committed, local air cargo experts operating across the continent. Since it shares a very similar corporate culture and likewise places great value on professional expertise, it offers a highly promising basis for solid organic growth.
"Together, we are well poised to shape the future of air cargo in Latin America and have a considerable and positive impact on the success of our customers. We see significant synergies in terms of business, digital initiatives, and service offerings, and look forward to positive developments in our newest region, as we head into the new year."
