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Completion of Acquisition

5th Feb 2016 13:40

RNS Number : 2633O
BBA Aviation PLC
05 February 2016
 

5 February 2016

 

BBA Aviation plc completes the acquisition of Landmark Aviation

 

BBA Aviation plc, the leading global aviation support and aftermarket services provider, is pleased to announce that it has today completed the acquisition of Landmark Aviation for a total consideration of $2,065 million following the receipt of clearance under the U.S. Hart-Scott-Rodino Act as announced on 3 February 2016.

 

Details of the acquisition and the terms of the regulatory approval were set out in BBA Aviation's Stock Exchange Announcements on 23 September 2015 and 3 February 2016.

 

 

For further information please contact:

 

BBA Aviation plc

+44 (0) 20 7514 3999

Mike Powell, Group Finance Director

Jemma Spalton, Head of Communications & Investor Relations

 

Tulchan Communications

+44 (0) 20 7353 4200

David Allchurch

Martha Walsh

 

Information on BBA Aviation plc

 

BBA Aviation plc is a leading global aviation support and aftermarket services provider with market leading businesses and attractive growth opportunities. BBA Aviation's Flight Support businesses (Signature Flight Support and ASIG) are focused on refuelling and ground handling of business and commercial aviation aircraft. Its Aftermarket Services businesses (Dallas Airmotive, H+S Aviation, International Turbine Service, Barrett Turbine Engine Company, International Governor Services and Ontic) are focused on the repair and overhaul of jet engines and the service of aerospace sub-systems and components. For more information, please visit www.bbaaviation.com

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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