Brookfield, through its private equity business, has announced that it has agreed to acquire leading global air freight services provider World Freight Company (“WFC”).
WFC was founded in 2004 and is now the world’s largest general sales and service agent (GSSA) for the global air freight industry. The company represents airlines to sell and manage cargo capacity while coordinating key operational activities including booking, handling and shipment oversight. It serves more than 300 airlines on 3,500 trade lanes and over 16,000 freight forwarders across more than 80 countries and key international trade routes.
GSSA plays a mission-critical role in the resilient air freight industry optimizing efficiency and economic interests for its customers. WFC is led by an experienced management team with a consistent track record of growth through both organic growth and M&A integration.
Alex Yang, Managing Partner, Private Equity, Brookfield, said:
“World Freight Company is a high-quality platform operating in a critical segment of the resilient global air freight ecosystem, supported by long-standing customer relationships. With its global scale, local capabilities, and leading market position, WFC is well positioned to benefit from industry consolidation. We look forward to supporting the business by applying our operational playbook - investing behind technology and strengthening commercial execution - to support its next phase of growth as a scaled provider of essential services to the air freight industry.”
The transaction is subject to customary closing conditions and is expected to complete by the end of 2026.
WFC brands include Kales Group, Aviation Plus and Wexco Cargo GSSA. Wexco are exhibiting at Multimodal on stand C4
