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Acquisition

2nd Jul 2018 07:00

RNS Number : 1600T
BBA Aviation PLC
02 July 2018
 

2 July 2018

 

Completion of the acquisition of fuel services partner EPIC

 

BBA Aviation plc, a market-leading provider of global aviation support and aftermarket services, announces that it has completed its acquisition of EPIC Aviation LLC ("EPIC") on terms previously announced, having received the necessary governmental and regulatory approvals.

 

As announced on 23 May 2018, EPIC provides fuel and fuel related services at 205 privately owned independent FBO locations. 185 of these locations are branded EPIC and 20 are branded UVAir. EPIC's 205 FBO locations are complementary to our existing Signature Select® branded locations, establishing a virtual, non-owned, network to operate alongside our market-leading owned FBO network. This creates a total network of over 400 FBO locations significantly extending Signature's network relevance and the range of services it can offer.

 

 

Notes:

The Group will publish its interim results for the half year ended 30 June 2018 on 1 August 2018.

 

 

Enquiries:

BBA Aviation plc

David Crook, Group Finance Director

Kate Moy, Head of Investor Relations and Communications

(020) 7514 3999

 

Tulchan Communications

Toby Bates

(020) 7353 4200

 

 

Information on BBA Aviation plc

BBA Aviation plc is a market leading, global aviation support and aftermarket services provider, primarily focused on servicing the Business and General Aviation (B&GA) market. We support our customers through three principal businesses: Signature Flight Support and Signature TECHNICAirTM which provide premium, full service flight and home base support including refuelling, ground handling and MRO services through the world's largest fixed base operation (FBO) network for B&GA users with around 200 locations covering key destinations in North America, Europe, South America, Caribbean, Africa and Asia. Ontic is a leading provider of high-quality equipment and cost-effective solutions for the continuing support of maturing and legacy aerospace platforms with locations in the USA, Europe and Asia. Engine Repair & Overhaul/Global Engine Services is a leading independent engine service provider to global B&GA operators, the rotorcraft market and regional airline fleets with locations in the USA, Europe, South America, Asia and the Middle East. For more information, please visit www.bbaaviation.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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