September 25, 2024
Cargogate Munich Airport GmbH (Cargogate) was founded in 1974 and provides cargo services at Munich Airport as a wholly-owned subsidiary of Munich Airport.
As a regulated agent, Cargogate carries out all tasks that arise from the warehouse on an area of approximately 17,000 square meters, including the acceptance, sorting, assembly and handover of the cargo as well as customs and dangerous goods formalities. Cargogate has the infrastructure to clear all types of special goods in a suitable form.
In order to strengthen air freight at Munich Airport, CHI Aviation Handling GmbH, as part of the CHI Cargo Group, will acquire 74.9 percent of the shares in Cargogate. Munich Airport retains the remaining 25.1 percent of the shares, thus establishing a future-oriented strategic partnership with proven freight expertise and a large customer network.
The CHI Group already offers freight forwarding and airline handling as well as other related activities at the airports Frankfurt, Nuremberg, Hamburg and Amsterdam for internationally operating companies and is expanding its portfolio to include airline handling at Munich Airport.
The joint venture will continue to operate under its previous name until further notice. The common goal is the sustainable development at Munich Airport and a significant strengthening of the freight business and volume. The jobs of the approximately 150 employees have been contractually secured. The acquisition of the shares in January 2025 is subject to regulatory approval.
"I am pleased that we have been able to win a strong strategic partner in CHI for our freight subsidiary Cargogate in order to jointly advance freight development at Munich Airport," says Jost Lammers, CEO of Munich Airport.
"With the joint venture with Munich Airport, one of Europe's leading airports, we are strengthening the location and the German air freight market as a whole with our proven scalable processes in the area of cargo handling," says Kai Domscheit, Managing Director of CHI Aviation.
