At what enterprise value was AVIAPARTNER LIÈGE acquired in 2026?

During the acquisition of AVIAPARTNER LIÈGE by SAL SAUDI LOGISTICS SERVICES in 2026, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 10M - 30M EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Business Services industry currently tracks an average EBITDA multiple of 10.8x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of AVIAPARTNER LIÈGE when it was acquired by SAL SAUDI LOGISTICS SERVICES?

The exact EV/EBITDA multiple for AVIAPARTNER LIÈGE is available on mynth capital. For comparison, the Business Services sector currently shows an average EBITDA multiple of 10.8x. Join our community for free to access full valuation data and industry trends.

What was the revenue of AVIAPARTNER LIÈGE at the time of the deal?

The revenue of AVIAPARTNER LIÈGE at the time of the deal is estimated to be in the range of 10M - 30M EUR. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the AVIAPARTNER LIÈGE acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the AVIAPARTNER LIÈGE deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.rtbf.be/article/aviapartner-cede-son-activite-cargo-a-liege-airport-a-un-groupe-saoudien-11689683

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05/2026

AVIAPARTNER LIÈGE acquired by SAL SAUDI LOGISTICS SERVICES

BELGIUM Transport & Logistics / Infrastructure & Ground Services EV 10M - 30M EUR

Context

Saudi Logistics Services Company (SAL) entered into a conditional agreement to acquire the entire share capital of Aviapartner Liège SA from its parent companies, Aviapartner Belgium NV and Aviapartner Holding NV. This transaction represents a key strategic step in SAL's international expansion and its ambition to build a global logistics platform. By acquiring a well-established cargo handling operation at Liege Airport, one of Europe's busiest and most important air cargo hubs, SAL gains a significant operational foothold in the European market. The acquisition is intended to enhance SAL's global service network, enabling it to offer integrated logistics solutions and create synergies for its airline partners and customers by connecting them to major global trade corridors. Management stated the move reflects SAL's strategy to diversify revenue streams and strengthen its integrated operating model. This expansion aligns with Saudi Arabia's national objective to become a global logistics hub, as outlined in the National Transport and Logistics Strategy and Saudi Vision 2030. The deal ensures operational continuity, with the entire local workforce being retained by the new owner. The completion of the transaction remains subject to customary closing conditions and obtaining the necessary regulatory approvals.

AVIAPARTNER LIÈGE, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (10.8x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Aviapartner Liège SA is the dedicated air cargo handling division of the Aviapartner group operating at Liege Airport, one of Europe's premier cargo hubs. The company provides a comprehensive suite of ground and cargo handling services essential for the air freight logistics chain. Its core operations include the loading and unloading of cargo aircraft, management of unit load devices (ULDs), and the physical handling of freight within its warehouse facilities. The company is responsible for the build-up and break-down of cargo pallets and containers, ensuring that goods are properly prepared for air transport or sorted for onward distribution upon arrival. Aviapartner Liège also manages crucial ancillary services such as cargo security screening, customs documentation processing, and specialized handling for temperature-sensitive goods like pharmaceuticals and perishables, as well as dangerous goods and oversized items. With a significant workforce, the company plays a vital role in maintaining the operational efficiency and flow of goods through Liege Airport, serving a diverse client base of international cargo airlines and freight forwarders that rely on the hub's strategic location and 24/7 operational capabilities.

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12/2025	PEGASUS AIRLINE	CESKE AEROLINIE	CZECH REPUBLIC	Transport & Logistics	Deal Description: The group has finalized a definitive agreement to acquire the target in a move designed to fundamentally transform its European network density. The strategic rationale for this transaction centers on a "market-unification" play, merging the target's industry-leading technical operational depth in the Czech leisure market with the group’s established global low-cost infrastructure
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12/2025	GROUPE JARDEL	GROUPE NAVAL	FRANCE	Transport & Logistics	The Groupe Jardel continues its external growth strategy by acquiring the Groupe Naval, a significant player in the South-West of France. This acquisition allows Jardel to strengthen its density on the Atlantic coast and reinforce its expertise in refrigerated transport for retail chains
10/2025	ANTIN INFRASTRUCTURE	SWIFTAIR GROUP	SPAIN	Transport & Logistics	Antin Infrastructure Partners has entered into a definitive agreement to acquire a majority stake (exceeding 70%) in Swiftair Group. The founder, Salvador Moreno, will retain a significant minority stake and continue as CEO to lead the next phase of growth

REFERENCES

Valuation range: EV 10M - 30M EUR

Revenue range: 10M - 30M EUR

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

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: aviapartner liège

Acquirer: sal saudi logistics services