BBA Aviation PLC Acquisition (1600T)
02 July 2018 - 4:00PM
UK Regulatory
TIDMBBA
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(R) 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 TECHNICAir(TM) 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
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END
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