Avia Solutions Group acquires Chapman Freeborn
Avia Solutions Group, a global multipurpose aviation holding company with 76 subsidiaries engaged in aircraft maintenance, ACMI, aircraft leasing, pilot training, ground handling and fuelling, logistics, aviation IT solutions and business aviation, has completed the acquisition of 100 per cent of the shareholding in UK-headquartered Chapman Freeborn Group. All customary approvals for this transaction have been obtained.
The addition of Chapman Freeborn, a worldwide market leader for aircraft charter solutions, bolsters the current business lines portfolio of Avia Solutions Group. Chapman Freeborn’s areas of expertise, which include arranging the delivery of time-critical shipments, heavy and outsize equipment, humanitarian goods, and other types of freight, widen the Avia Solutions Group’s service scope and allow the group to enter new markets and reach new clients.
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 5000 professionals in total.
About Avia Solutions Group
Avia Solutions Group is an international aerospace business group with 76 subsidiaries worldwide. While started its business in Lithuania back in 2010, currently the Group has representative offices in the USA, the UK, Poland, Serbia, Estonia, Russia, Thailand, and Indonesia. With over 1600 customers across the Americas, Europe, Asia, the Middle East, and Africa, Avia Solutions Group is among the market’s leading providers of aircraft maintenance, aviation staff training and recruitment, ground handling and fuelling, aviation IT solutions, charter flights, and tourism. The Group’s annual turnover in 2018 exceeded €420 million.
The Group unites a team of 5000 professionals working and living across 32 countries worldwide. Both the company and its team are active members of various local communities, providing extended support to sport, culture, environment, and health-related organizations and groups.
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About Chapman Freeborn
The Chapman Freeborn group was established in the UK in 1973. The company has offices worldwide including North America, Europe, Africa, Asia and Australia. In the cargo market, Chapman Freeborn Airchartering specialises in the charter and lease of aircraft for a wide-ranging customer base, including freight forwarders, multinational corporations, governments, humanitarian agencies and a host of industries around the globe. In addition to freight services, Chapman Freeborn offers specialist passenger services including private jet charters for executive travel and large aircraft for crew rotations and international group travel.
The group’s subsidiary companies include Chapman Freeborn OBC, Intradco Cargo Services, Logik Logistics International, Magma Aviation, and Wings 24. Over the last decade, Chapman Freeborn has received more than 20 top awards for service and innovation, including industry accolades from Air Cargo News, Air Cargo Week, Payload Asia, and STAT Trade Times.