Titan Aviation Fuels acquires Swiss reseller AKRYL
Titan Aviation Fuels is acquiring AKRYL, a Geneva-based aviation fuel reseller with a worldwide digital fuel procurement platform.
Established in the US market, Titan will use AKRYL to expand its aviation fuel supply footprint to Europe, Africa, and the Middle East.
AKRYL has an online digital fuel procurement platform that allows flight departments to view fuel pricing in real time and buy from anywhere. The programme can also be integrated with operations software.
AKRYL was co-founded by Daniel Coetzer and Valerie Bouthiaux-Coetzer over 25 years ago. Coetzer said: “We are pleased to partner with Titan and expand offerings for both our customer bases. Titan is a well-respected industry leader, and we look forward to growing together.”
Titan Aviation Fuels president, Robbie Stallings added: “Not only does this integration give our Contract Fuel Program an international footprint for our North American based customers, but also provides access to Titan programmes for European based customers traveling to North America, and as a result, drives international traffic to our extensive Titan branded FBO network.”
AKRYL will be rebranded as Titan Aviation Fuels, and will maintain offices in Dublin, Ireland and Geneva, Switzerland.