TITAN Aviation Fuels® Acquires European-based Aviation Fuel Reseller AKRYL
TITAN Aviation Fuels®, a supplier of aviation fuel products in the United States for the past 45 years, announces the acquisition of AKRYL, an aviation fuel reseller with a world-wide digital fuel procurement platform based in Geneva, Switzerland.
TITAN Aviation Fuels, already a well-established aviation fuel brand throughout the United States, will use the AKRYL acquisition to expand its aviation-fuel-supply footprint to Europe, Africa and the Middle East. The addition will allow the expansion of the TITAN Contract Fuel Program to U.S.- and Canadian-based customers traveling abroad.
AKRYL is an aviation-fuel reseller with an online digital fuel-procurement platform that allows flight departments to view fuel pricing in real time and make fuel purchases worldwide. This program can be integrated with a customer’s operations software to enable a uniquely streamlined and efficient way to manage their fueling operations.
With more than 25 years of experience in aviation fuel-related services, AKRYL was founded by visionaries Daniel Coetzer and Valerie Bouthiaux-Coetzer. Under their guidance, the company has developed state-of-the-art technologies that combine pricing transparency, tax expertise and 24/7 service to simplify international fueling processes for corporate, rotorcraft and military operators.
“We are very excited about the AKRYL acquisition,” says TITAN Aviation Fuels president, Robbie Stallings. “Not only does this integration give our Contract Fuel program an international footprint for our North American-based customers but also provides access to TITAN programs for European-based customers traveling to North America and, as a result, drives international traffic to our extensive TITAN-branded FBO network."
Daniel Coetzer, AKRYL founder, says, “We are pleased to partner with TITAN and expand offerings for both our customer bases. TITAN is a well-respected industry leader, and we look forward to growing together.”
AKRYL will be rebranded as TITAN Aviation Fuels and will maintain offices in Dublin, Ireland, and Geneva, Switzerland.
In addition to providing a secure supply of aviation fuels, TITAN Aviation Fuels provides a full array of non-fuel support services, including a pilot loyalty program; aviation card processing; aviation insurance; quality-control training; ATLAS FBO Management Software; equipment leasing and financing; online aviation parts store; as well as a customer-focused mobile application.
Founded in 1975 by Robert L. "Buddy" Stallings III, TITAN Aviation Fuels has evolved in serving the aviation industry exclusively for more than four decades. The company has grown to be one of the largest suppliers of aviation fuel products in the United States. The company currently supports more than 550 FBOs in the TITAN Aviation Fuels® FBO Network.
To learn more about TITAN Aviation Fuels and the services offered, visit www.titanfuels.aero or call 800-334-5732.