Cavotec buys US-based Dabico Group - Emirates24|7

Cavotec buys US-based Dabico Group

Power solutions supplier Cavotec Middle East yesterday said it has acquired US-based manufacturer of airport ground support equipment Dabico Group on April 23. It did not reveal the price.

Dabico has manufacturing operations spread over the US and UK. It supplies fuelling systems to aircraft manufacturers, airlines and airports worldwide, including Boeing, Singapore Airlines, American Airlines, Lufthansa and British Airways. Airport customers include New York, Los Angeles, Beijing, Hong Kong and Auckland. Military customers include Air Force One, the US Coast Guard and the Royal Saudi Air Force.

Cavotec Executive Chairman Thomas Widegren said the acquisition "adds more value to our" operations.