Avia closes acquisition of Chapman Freeborn
Initiated in June, Avia Solutions Group, a global multipurpose aviation holding company with 76 subsidiaries engaged in aircraft maintenance, ACMI, aircraft leasing, pilot training, ground handling and fuelling, logistics, aviation IT solutions and business aviation, has completed the acquisition of 100% of the shareholding in UK-headquartered Chapman Freeborn Group. All customary approvals for this transaction have been obtained.
The addition of this global market leader for aircraft charter solutions bolsters Avia's current business lines portfolio. Chapman Freeborn’s areas of expertise, which include arranging the delivery of time-critical shipments, heavy and outsize equipment, humanitarian goods, widen the group’s service scope and allow the group to enter new markets and reach new clients. (ah)