Announced

CAMP Systems International to acquire Avinode Group from World Kinect for $200m.

Synopsis

CAMP Systems International, an independent provider of business aviation management products and services, to acquire Avinode Group, a B2B technology company focused on business aviation, from World Kinect, an energy management company, for $200m. “This sale represents another step in sharpening our portfolio, all while generating a solid return. We look forward to providing an update on our unique position in the markets we serve and our clear strategy to capture opportunities across our three business segments at our upcoming Investor Day," Michael J. Kasbar, World Kinect Chairman and CEO.

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