New Inflight Service owner promises "more than money"

Gavin Lipsith

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

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Private equity firm CapMan is set to complete the acquisition of Inflight Service within two weeks, pending approval from Polish monopoly authorities.

CapMan investment director Mats Gulbrandsson told DFNI that

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(15-May-2006) - SWEDEN. Travel retailer Inflight Service has set up a new ferry division after securing its first onboard retail concession with Norwegian operator Kystlink
(12-Dec-2002) - Inflight Service's contract for the operation of three outlets at Stockholm Arlanda airport's terminal two expires at the end of the year and represents a significant loss for the company, managing director Peter Candell told TRW
(13-Jul-2005) - CapMan has launched an undisclosed offer for a 68% share in the Swedish retailer and distributor
(8-Jan-2008) - The Swedish company buys back the pre-order production facility it set up in 1996
(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