Clairvest Group Inc. to acquire additional shares of Discovery Air Inc.

May 11
16:09 2015

Clairvest Group Inc. has entered into agreements to acquire 4,249,457 common shares of Discovery Air Inc., a provider of safe and reliable aviation and logistics services for challenging environments.

Following the completion of the acquisition, Clairvest will increase their interest in Discovery from approximately 77.8% to 82.5%.

Operating over 160 aircrafts, Discovery provides training to international militaries and airborne fire services, among other customers.

Clairvest acquired the common shares by way of a private agreement.

Press release.

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