RASK represented the flight services company BGS in the purchase of Naftelf Eesti.

Case

RASK represented the owners of the aviation services company BGS in the purchase of Naftelf Eesti. RASK partner Timo Kullerkupp, attorneys-at-law Karl-Kristjan Kahm and Karl Erik Esko, and attorney Kai Villemson advised the client in preparing the transaction documentation, negotiating with the seller and performing a legal audit.

BGS, a prominent company offering ground handling, aircraft fuelling, and logistics services, has acquired Naftelf Eesti AS, one of the major Into-Plane Fuelling companies at Lennart Meri Tallinn Airport. The acquisition marks BGS's expansion and reinforcement in the Estonian aircraft fuelling market.

Gytis Gumuliauskas, the CEO of BGS, expressed enthusiasm for the Estonian market, stating that the acquisition of Naftelf will enhance their competitiveness and enable them to provide improved fuelling solutions to their clients. BGS has been operating in the Baltic countries and beyond for the past 18 years and holds several certifications, including ISAGO safety and quality certificate for ground handling services and ISO 9001:2015 certification.

BGS is a part of Avia Solutions Group, which is one of the world's largest ACMI providers with a fleet of 180 aircraft. The Avia Solutions Group offers a wide range of aviation services, including MRO, pilot and crew training, ground handling, and various associated services.