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Tue, Jan 04, 2011

World Fuel Services Completes Acquisition Of The Hiller Group

Expands General Aviation Business

World Fuel Services Corporation of Miami, FL opened the new year with the announcement Monday that its wholly-owned subsidiary, World Fuel Services, Inc., has completed the previously announced acquisition of The Hiller Group, Inc. and certain affiliates ("Hiller"). The Tampa, FL based company is a U.S. general aviation fuel distribution business.

"The Hiller acquisition further strengthens our position in the general aviation fuel distribution business,” stated Michael J. Kasbar, president and chief operating officer of World Fuel Services Corporation. "We look forward to partnering with the Hiller team and are excited at the many growth opportunities that lie ahead."

Hiller supplies aviation fuel to fixed base operators and corporate flight departments with an annual volume of more than 120 million gallons. They also provide a full range of support services such as marketing, tailored business solutions, freight expertise and credit card processing.

FMI: www.wfscorp.com

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