FOCOL in 'major leagues' via 500k aviation fuel entry

Wed, Mar 28th 2012, 11:00 PM

By NEIL HARTNELL

Tribune Business Editor

FOCOL Holdings' decision to enter the aviation fuel supply business via its $500,000 acquisition of Shell's one-third interest in the Lynden Pindling International Airport (LPIA) fuel consortium takes the company "into the major leagues", its largest shareholder told Tribune Business yesterday.

Franklyn Wilson, who controls just over one-third or 33 per cent of the BISX-listed petroleum products supplier's shares, said the deal gave FOCOL an upscale, high volume purchasing client base in the shape of multinational and local airlines, plus private jets and their operators.

Apart from further diversifying FOCOL's markets by tak ...

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