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WA-55025

Brookfield / World Freight CompanyWA-55025

View on ACCC

Processing timeline

17

days

Filed

9 June 2026

Notification waiver determination published

Decision

26 June 2026Notification waiver determination published
Type
Waiver
Outcome
Approved
Stage
Waiver application
Status
Assessment completed

Parties

Acquirer(s)

Windrose Holdings III (DIFC) Limited Registered Number - 12897, Windrose France Holdings SAS Registered Number - 104439096

Target(s) or Vendor(s)

Caeli Software Ltd Registered Number - 12558916, GB WFC France SAS (trading as “World Freight Company” or “WFC”) Registered Number - 809546 971, Glacis Acquisition S.à r.l. B224034

Other parties

Brookfield Corporation Registered Number - 1646037

Summary

Brookfield Corporation, via Windrose France Holdings SAS, proposes to acquire 100% of the shares in GB WFC France SAS and related interests from Glacis Acquisition S.à r.l. The transaction involves the World Freight Company group, a multi-brand air cargo and freight General Sales Agent providing outsourced air cargo management services to airlines.

Acquisition details

Brookfield Corporation ( BN , and together with funds managed and/or advised by BN and/or its affiliates, Brookfield ), through Windrose France Holdings SAS and related entities, proposes to acquire 100% of the outstanding shares in GB WFC France SAS and certain related interests from Glacis Acquisition S.à r.l. (the Acquisition ). BN is a global investment firm that deploys pools of discretionary capital globally for investors across its core businesses, including its asset management business and its operating businesses focused mainly on renewable power and transition, infrastructure, private equity, and real estate. GB WFC France SAS (a French simplified joint stock company) is the holding company of the World Freight Company group, that acts as multi-brand air cargo and freight General Sales Agent, General Sales and Service Agent and provides outsourced air cargo management services to airlines.

Industry

Broad:Professional & Business Services

Decisions and key events

26 June 2026Notification waiver determination publishedAttachmentPDF124.3 KB

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