The former CEO of SAS, Jørgen Lindegaard, who is today CEO of ISS Facility Services A/S, is ready to buy parts of SAS if they are set up for sale tomorrow, when the present CEO of SAS Group, Mats Jansson, presents a new group strategy.
Jørgen Lindegaard explains to borsen.dk that ISS already has a good contract in Switzerland for the handling of aircraft in the airports. And if SAS is going to sell its business SAS Ground Services (SGS), ISS will be ready to buy as a way to get into the Scandinavian market.
»So far the Scandinavian market has belonged to SGS. If we can get into this market by acquiring part of the business, it could be a possibility. We typically get into new business areas by acquiring other businesses,« Jørgen Lindegaard told borsen.dk.
Last summer Jørgen Lindegaard quit his job in SAS after five years as chief executive. He denies that the fact that ISS might be interested in SGS is determined by his past employment as top executive in the airline company.
SGS handles aircraft and passengers in many airports. It is a considerable business with about 6600 employees and revenues of about DKK 5 billion. In Copenhagen Airport SGS is one of the largest employers in terms of the number of employees.
But the company is under a heavy pressure by the airline companies to offer cheaper contracts.
ISS has previously bid for the cleaning of aircraft for SAS Danmark – but SGS won the contract.
Jørgen Lindegaard explains to borsen.dk that ISS already has a good contract in Switzerland for the handling of aircraft in the airports. And if SAS is going to sell its business SAS Ground Services (SGS), ISS will be ready to buy as a way to get into the Scandinavian market.
»So far the Scandinavian market has belonged to SGS. If we can get into this market by acquiring part of the business, it could be a possibility. We typically get into new business areas by acquiring other businesses,« Jørgen Lindegaard told borsen.dk.
Last summer Jørgen Lindegaard quit his job in SAS after five years as chief executive. He denies that the fact that ISS might be interested in SGS is determined by his past employment as top executive in the airline company.
SGS handles aircraft and passengers in many airports. It is a considerable business with about 6600 employees and revenues of about DKK 5 billion. In Copenhagen Airport SGS is one of the largest employers in terms of the number of employees.
But the company is under a heavy pressure by the airline companies to offer cheaper contracts.
ISS has previously bid for the cleaning of aircraft for SAS Danmark – but SGS won the contract.
