Gama Aviation Announces Strategic Acquisition of Charter Broker Hunt & Palmer
Gama Aviation is set to acquire the global aircraft charter broking group, Hunt & Palmer, in a deal valued at up to £23.75 million ($30 million). The acquisition is structured with an initial consideration and further performance-based payments. This strategic move is intended to significantly enhance Gama Aviation's charter broking capabilities and expand its global market presence. Leadership from both companies have expressed that the merger represents a strong strategic fit. The completion of the deal remains subject to the approval of Gama Aviation's shareholders.
Official Source: https://www.corporatejetinvestor.com/news/gama-aviation-set-to-acquire-hunt-palmer/