FBO Shannon taken over by British firm

A LIMERICK-based aviation services company has been taken over by a British firm for just over €2.5 million.

FBO Shannon, which has operations at the Co Clare airport and Dublin Airport, has agreed to sell an 85% stake in the company to London-listed BBA Group.

The company provides a number of support services to airlines at Dublin and Shannon, including crew transfer and aircraft refuelling and towing. It also provides a number of services for executive jets including VIP buses.