The deal forms part of Comair's diversification strategy and will augment its training business.
As part of its diversification strategy, Comair has acquired leadership development consultancy firm, Metaco Holdings, which Comair CEO Erik Venter says fits well with its training business. Metaco offers a range of coaching and training modules for individuals and groups and has a client base that spans both the public and private sector.
“Through our existing client base, we have seen the demand for leadership and team coaching, and Metaco fits this requirement. Comair has evolved from operating two airline brands into an aviation group, with operations in aviation training, catering, hospitality and tourism and airport lounges. We are now balancing the capital-intensive airline business with new business units that are more reliant on intellectual capital and have a different revenue cycle and cost base.”
According to Metaco MD Barbara Walsh, Metaco focuses on strategic development, organisational design and change management, and has a client base that includes boards, leadership teams and individuals across a range of industries, in both the public and private sector. She says they are excited at the “significant opportunities that we are identifying as part of the Comair group”, which she says will enable Metaco to expand its work locally and internationally, with both existing and new clients.