World Kinect's Sale of Avinode Group and Aviation Software Portfolio

Tuesday, 12 March 2024, 20:20
World Kinect has made a significant move by selling the Avinode Group and its portfolio of aviation software products for approximately $200 million. This sale is expected to impact the aviation industry and World Kinect's future ventures. The deal signals a strategic shift in World Kinect's business focus towards other opportunities in the global market.
LivaRava Finance Meta Image
World Kinect's Sale of Avinode Group and Aviation Software Portfolio

World Kinect's Sale of Avinode Group and Aviation Software Portfolio

World Kinect has made a significant move by selling the Avinode Group and its portfolio of aviation software products for about $200M. This strategic sale highlights their shift towards new opportunities in the market.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Related posts

Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe