- CEO
- Tee Heong Mok
- Full Time Employees
- 57,000
- Sector
- Transportation
- Industry
- Other transportation
- Address
- 20 Airport Boulevard Singapore CE Singapore 819659
- IPO Date
- May 12, 2000
- Business
- SATS Ltd. SATS Ltd. (SGX: S58), an investment holding company headquartered in Singapore and incorporated in 1972, provides gateway services and food solutions primarily to the aviation, hospitality, healthcare, and logistics industries across Singapore, the Asia-Pacific region, the Americas, Europe, the Middle East, and Africa. Gateway services encompass air cargo handling, passenger services, ramp and baggage handling, aviation security, aircraft interior and exterior cleaning, cargo delivery and management, and cruise terminal operations including at Marina Bay Cruise Centre Singapore; food solutions include inflight and institutional catering, food processing and distribution, airline laundry and linen services, and commercial catering. The company operates over 215 stations in 27 countries, serving airlines, airfreight forwarders, government agencies, and food service chains with a workforce of approximately 55,000 employees. Temasek Holdings maintains a significant stake as the largest shareholder.
SATS Ltd. delivers specialized cargo solutions for perishables, pharmaceuticals, high-value goods, and e-commerce; passenger handling covers check-in, boarding, and premium lounge access; security services meet aviation standards at key airports like Changi; and food operations produce millions of meals annually using advanced kitchens and distribution networks.
Recent developments include the April 2023 completion of its acquisition of Worldwide Flight Services, positioning SATS Ltd. as the world's largest air cargo handler; the June 2024 acquisition of Terminal & Transporttjanst in Sweden to bolster European ground-handling capabilities; full ownership of SATS Food Solutions Thailand achieved in January 2025 via purchase of the remaining 15% stake from Bangkok Ranch for approximately SGD 3.4 million, alongside a strategic partnership with Mitsui Co., Ltd. announced in July 2024 under which Mitsui plans a 15% stake in the venture to enhance production and distribution; and the November 2024 launch of a unified global visual identity with WFS. These moves support expansion of a new 35,000-square-meter facility in Pathum Thani, Thailand, targeting 108,000 daily meals by late 2025.