newstodate.aero

Oct 16, 2019 (newstodate): After all pertinent approvals, Lithuania's Avia Solutions  Group has now completed the acquisition of the UK provider of aircraft charter brokering, Chapman Freeborn Group.  
   The aqcquisition was announced as a deal was inked on June 14, 2019, adding further muscles to Avia Solutions Group as a diversified global holding company with 42 subsidiaries in aircraft maintenance, pilot training, ground handling and fuelling, aviation IT solutions and business aviation.
   As part of the Avia Solutions Group, Chapman Freeborn will maintain its existing product portfolio and continue to operate under the group's existing brands, including subsidiaries Chapman Freeborn Airchartering, Chapman Freeborn OBC, Intradco Cargo Services, Logik Logistics, Magma Aviation, and Wings 24.
   The acquisition has expanded Avia Solutions Group's  ownership to 110 companies in 32 countries worldwide, with approximately 5,000 employees.