CapMan completes purchase of Inflight Service

Gavin Lipsith

1-Nov-2005

FINLAND/SWEDEN. Nordic investment group CapMan has completed its acquisition of Swedish travel retailer and distributor Inflight Service after competition authorities in Poland approved the deal

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The Helsinki-listed investment company, which acquired 68% of Inflight Service in July, said it plans to finalise the company's expansion strategy before the end of the year.

Investment director Mats

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(19-Oct-2005) - Polish competition authorities have approved the buy-out by Helsinki-based private equity firm CapMan
(15-Sep-2005) - SWEDEN. Inflight Service's new owner has pledged to bring "more than money" to the company as it seeks to build on the Swedish retailer and distributor's market position
(13-Jul-2005) - CapMan has launched an undisclosed offer for a 68% share in the Swedish retailer and distributor
(15-Jul-2005) - SCANDINAVIA. Finnish investment group CapMan has acquired a majority stake in Swedish retailer and distributor Inflight Service
(6-Feb-2008) - The retailer and distributor seeks airline clients beyond its traditional regional stronghold