Globalia’s stake in Groundforce (50.1%) was bought up today by Banco de Investimento Global – BIG (19.94%), Banco de Investimentos, S.A. – Banif (15.1%) and Banco Invest, S.A. (15.1%). The sum of the operations in question is in the order of 30 million euros, of which around twelve million were put up by BIG and around nine by both Banif and Banco Invest.
These operations are the result of an agreement announced on February 6 between TAP as holder of 49.9% of the handling company and Globalia, and the commitment undertaken at the time by the national airline transporter to “identify its new partners” in Groundforce.
The good understanding seen recently between TAP and Globalia has already enabled Groundforce to improve the quality of the service it provides its customers with, including TAP.
The new Management Board at Groundforce to be elected in the coming General Shareholders’ Meeting will aim to consolidate this improvement ensuring the satisfaction of its customers, stakeholders and employees.
