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Aviator acquired by Avia Solutions

On February 14, Avia Solutions Group, a global multi-purpose aviation services company, signed an agreement to acquire Aviator, an aviation services provider for the Nordic region, from the investment fund Accent Equity 2008 L.P.

Offering flexible and cost-effective solutions that meet the demand for high quality support services of a wide range of airlines, Aviator is deemed a valuable addition to Avia Solution Group’s portfolio.

“As the newest member of the ASG family, Aviator will further strengthen our presence in the European markets and expand the network of Avia Solution Group’s ground handling stations. This acquisition adds further scale and value to ASG’s aggregated ground handling business, now consisting of Aviator and Baltic Ground Services," commented Gediminas Ziemelis, Chairman of the Board of Avia Solutions Group.

Earnings opportunities for the group will be realised through the provision of additional services, such as fuelling and line maintenance, at Aviator’s stations as well as through synergies in the purchase of ground handling equipment and the use of proprietary operations management software. Aviator’s long-standing customer relationships with key airlines will also benefit other Avia Solutions Group’s 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”, added Jo Alex Tanem, CEO of Aviator.


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