Gama Aviation is in discussions to acquire Staverton-based Specialist Aviation Services Ltd.

Specialist employs around 180 staff, with around 85 based at the Staverton site. It is a provider of helicopter emergency medical services and aircraft repairs and maintenance services, including through contracts with some UK air ambulance charities in the UK.

In 2022, Specialist generated circa £24m of revenue, while Gama generated around £224m in revenue and £43m in gross profit for the same period.

Gama Aviation is based in Farnborough. It operates in a number of aviation sectors from air ambulances to charter aircrafts for business, working with governments, corporations and private individuals looking for bespoke solutions to what are often complex, time critical missions.

Gama's strategy is to grow its Special Mission business and the potential acquisition of Specialist would be part of this.

Gama confirmed that the discussions between the business, Specialist and other key stakeholders are well advanced and are expected to be concluded within the next few weeks. It said discussion are subject to further negotiations, diligence and board approval.

Gama continued: "There can be no certainty any transaction will be completed and, if it does, on what terms such a transaction might take place."

Specialist Aviation declined to make a comment to Punchline-Gloucester.com.

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