M&A Deal Summary

World Fuel Services Acquires Ascent Aviation Group

On April 4, 2011, World Fuel Services acquired oil/gas exploration company Ascent Aviation Group

Acquisition Highlights
  • This is World Fuel Services’ 7th transaction in the Oil/Gas Exploration sector.
  • This is World Fuel Services’ 5th transaction in the United States.
  • This is World Fuel Services’ 1st transaction in New York.

M&A Deal Summary

Date 2011-04-04
Target Ascent Aviation Group
Sector Oil/Gas Exploration
Buyer(s) World Fuel Services
Deal Type Add-on Acquisition

Target

Ascent Aviation Group

Parish, New York, United States
website
Ascent Aviation Group, Inc. is a distributor of aviation fuel and deicing fluids.

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Buyer(S) 1

Buyer

World Fuel Services

Miami, Florida, United States

website


Category Company
Founded 1984
Sector Energy Services and Equipment
Employees4,300
Revenue 59.0B USD (2022)
DESCRIPTION
Entrance to World Fuel Services' headquarters in Miami, Florida.
Entrance to World Fuel Services' headquarters in Miami, Florida.

World Fuel Services is a provider of downstream marketing and financing of aviation, marine, and ground transportation fuel products and related services. World Fuel Services was founded in 1984 and is based in Miami, Florida.


DEAL STATS #
Overall 7 of 16
Sector (Oil/Gas Exploration) 7 of 8
Type (Add-on Acquisition) 6 of 12
State (New York) 1 of 1
Country (United States) 5 of 12
Year (2011) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-02 Nordic Camp Supply ApS

Norresundby, Denmark

Nordic Camp Supply ApS is a full-service supplier of aviation, gasoline and diesel fuels and related logistics solutions supporting NATO, US and other European armed forces operations in Afghanistan.

Buy $95M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-27 Yacht Fuel Services

London, United Kingdom

Yacht Fuel Services Ltd. provides supplies marine fuels.

Buy -