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10/2025

ACMI SERVICES acquired by ANTIN INFRASTRUCTURE

FRANCE Transport & Logistics / Freight Transport EV 300M - 700M EUR

Context

Antin Infrastructure Partners has acquired a majority stake in Swiftair, a leading European provider of outsourced express air freight services. This investment supports the group's new growth phase, focusing on fleet modernization and market consolidation. As a key partner for global logistics leaders, Swiftair will leverage Antin's expertise to expand its specialized network across critical sectors like e-commerce, pharmaceuticals, and food logistics.

ACMI SERVICES, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the Business Services sector (11.3x).

-> Deep-dive in Business Services market trends

Target

A leading European provider of outsourced air freight services (ACMI: Aircraft, Crew, Maintenance, and Insurance). Swiftair operates a fleet of 71 aircraft across 77 routes, providing critical express delivery links for global integrators (DHL, FedEx, UPS) and national postal services.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
2023

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 250M - 500M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ACMI SERVICES by ANTIN INFRASTRUCTURE are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: antin infrastructure