- 04 February 2015
Bech-Bruun advises Cimber on sale to SAS
The sale of Cimber A/S to SAS has become reality after approval by the Danish competition authorities.
Following a brief, intense sales process leading up to signing in December 2014 and approval of the sale in January 2015, SAS now owns Cimber.
The purpose of SAS's acquisition of Cimber A/S is to be able to offer and operate regional routes. Rickard Gustafson, CEO of SAS, explains:
“With formal approval now in place, we look forward to making rapid progress in establishing the company as an efficient airline specialising in regional air traffic. We will build a simple, focused and flexible organisation that is able to deliver SAS’s well-known product to our customers with punctuality, service and many departures.”
Bech-Bruun has advised Cimber throughout the entire process.
For more information, please see SAS's press release.