BBA Aviation's Signature Flight Support business has acquired the assets of US firm Azalea Aviation for an initial consideration of $22m.
The deal also includes further payments of up to $5.3m over a 5 year period.
In addition, Signature has also acquired 95% of Arrindell Aviation Services in St Maarten, Caribbean for a cash consideration of $7.8m.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
The acquisition is intended to extend the Signature network into a key and growing business and general aviation location.
They bring the total number of acquisitions of North American fixed base operations to 65 and globally to 111.
Simon Pryce, Group Chief Executive, said: "The addition of these new locations represents another meaningful step in Signature Flight Support's expansion, and further strengthens our position as the leading North American and global FBO network.
"We remain focused on taking advantage of the consolidation opportunities in the fragmented FBO market as part of the group's broader growth strategy."
The share price rose 0.11% to 180.9p by 08:42AM.
King Charles banknotes to enter circulation in June
New banknotes featuring the King will enter circulation on 5 June – here’s what they will look like and what you need to know about your old notes.
By Katie Williams Published
Metro Bank to slash 5.22% savings rate for current customers- what’s the next best alternative?
Metro Bank is set to cut the rate on its best buy instant access saver for existing customers. Is there an alternative on the market and should you switch now?
By Vaishali Varu Published