Avia Solutions Group (ASG), a global multipurpose aviation services company, has acquired Aviator, a firm providing a similar range of services to the Nordic region, from the investment fund Accent Equity.
In a statement, Avia said that the acquisition would build on the firm’s service capability in the European aviation sector and expand the parent firm’s ground handling stations by adding scale to a business which already includes Aviator and Baltic Ground Services (BGS)
Avia said there was increased earning potential from the acquisition by the provision of additional services such additional services, such as fuelling and line maintenance, at Aviator’s stations as well in the purchasing of ground handling equipment and the use of proprietary operations management software.
Avia also highlighted Aviator’s long-standing customer relationships with key airlines will also benefit the parent firm’s other business units.
“We are very pleased that Aviator is now a member of Avia Solutions Group and we look forward to strengthening our position together with such a strong industry player. Aviator will undoubtedly gain advantage both from the experienced Group’s management and subsidiary companies”, said Jo Alex Tanem, chief executive of Aviator.