Gama Aviation To Acquire Charter Brokerage Firm Hunt & Palmer
Gama Aviation PLC has announced its agreement to acquire the global aircraft charter brokerage, Hunt & Palmer. The deal is valued at £23.75 million, which is approximately $30.1 million. This strategic acquisition is aimed at significantly expanding Gama's presence in the global charter market. Hunt & Palmer will continue to operate under its existing brand as a subsidiary of Gama Aviation. The move is expected to be immediately earnings-enhancing and create a more resilient and profitable business for the group.
Official Source: https://aviationweek.com/business-aviation/aircraft-propulsion/gama-aviation-acquire-charter-brokerage-firm-hunt-palmer