Memery Crystal advises on reverse takeover by Hangar8 of Gama Aviation

Hangar8 is one of the largest private aircraft operators in the UK and amongst the top five in Europe and manages a fleet of 48 mid-size, heavy and superheavy aircraft. Established in 1983, Gama Aviation is a leading business aircraft services group, operating a fleet of 96 aircraft across 28 bases. The merger of the two companies will create one of the five largest private aircraft operators globally, operating from 44 different locations in 15 countries with a strong presence in North America, the UK, Continental Europe, Africa, Middle East and Asia as well as South America.

The Memery Crystal team included corporate partner Lesley Gregory, corporate senior associate Melanie Jory and corporate trainees Karl Williams and George Pendarves.

Lesley Gregory commented: “We are delighted to have assisted Cantor Fitzgerald in relation to this exciting merger which will create a truly global leader in the private aviation services sector.”

Memery Crystal is a recognised leader for its AIM work, acting for smaller to medium-sized companies as well as for their nominated advisers and brokers, with particular strength in transactions with an international dimension. The firm has been ranked “Band 1” for AIM work by the Chambers UK legal directory, and is ranked among the top two law firms in the most recent edition of the AIM Advisers Rankings Guide based on total number of AIM clients (with 44 clients).