Avia Solutions completes Chapman Freeborn’s acquisition
Avia Solutions Group, a global multipurpose aviation holding company has completed a 100 percent acquisition of the UK-headquartered Chapman Freeborn Group.
October 15, 2019: Avia Solutions Group, a global multipurpose aviation holding company has completed a 100 percent acquisition of the UK-headquartered Chapman Freeborn Group. The deal was signed on June 14.
The addition of Chapman Freeborn, a worldwide market leader for aircraft charter solutions, bolsters the current business lines portfolio of Avia Solutions. The Lithuania-based group has 76 subsidiaries that are engaged in aircraft, crew, maintenance, and insurance (ACMI), aircraft leasing, pilot training, ground handling, and fuelling, logistics, aviation IT solutions and business aviation.
Chapman Freeborn's areas of expertise include arranging the delivery of time-critical shipments, heavy and outsize equipment, humanitarian goods, and other types of freight.
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 ownership to 110 companies in 32 countries worldwide, with approximately 5,000 professionals in total.