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Wednesday, March 5, 2014

ASIG to Acquire Skytanking USA

[Aviation Today March 5, 2014] BBA Aviation subsidiary ASIG has signed an agreement to acquire independent aviation fuel service provider Skytanking USA.  
 
The acquisition will add six new markets to ASIG from Florida-based Skytanking USA. According to ASIG, the company will divest four of its operations in Germany and Austria to Skytanking Holding GmbH of which Skytanking USA is a subsidiary.
 
Both companies expect the acquisition to be completed by the end of March. 
 

“This acquisition represents a strategic expansion of our core fuel business in the United States. Skytanking USA, which began operations in 2003, has created a strong customer base by leveraging their expertise in aviation fuel services," said Tony Lefebvre, president and CEO of ASIG. 

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