Proffice Group sells Proffice Aviation
Aviation has been responsible for staffing the Norwegian airline for the last four years, primarily with cabin crew.
Norwegian is moving towards a global supplier solution, and has selected OSM Aviation as their future supplier within the Nordic region. This marks the end of the collaboration with Proffice Group in all four Nordic countries.
"To ensure the best possible transition for the business, and to simultaneously prioritise continued employment for the staff, we have decided to sell all shares in the Proffice Aviation company to OSM Aviation", says Henrik Höjsgaard, President and CEO of Proffice Group.
"We have been very satisfied with the quality and security of supply that Proffice represents. We take a positive view of the fact that Proffice has sold the operation to an international actor as it is a good fit with Norwegian’s global strategy”, says Krister Aarnio, CEO of Norwegian Air Resources.
"The acquisition of Proffice Aviation is an important part of our strategy to become a leading international supplier within Airline Crew Management. We look forward to welcoming all the skilled staff to OSM Aviation", says Espen Höiby, CEO of OSM Aviation Group.
For Proffice Group, the operation that has been sold represents an annual turnover of around SEK 300 million. The sale is expected to have a total negative impact of approx. SEK 15 million on the group's full-year results for 2015. The purchase price amounts to SEK 50 million, including a preliminary capital gain of SEK 10 million.