World Fuel Services Corporation to Acquire Assets of Multi Service Corporation

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World Fuel Services Corporation announced Monday that it has signed a definitive agreement to acquire select assets of Multi Service Corporation (“Multi Service”) for a purchase price of approximately $137 million. Multi Service is a global transaction management company specializing in fleet, government and commercial payment programs primarily through closed-loop networks. The purchase price will be principally funded through the company’s existing credit facilities.
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Multi Service Aviation Expands Line of Services

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U.S. Bank's acquisition of Multi Service Aviation (MSA) in 2005 has given pilots access to a greater range of services, according to Jill M. Heisterkamp, MSA's communications and media manager. U.S. Bank products accessible to the general aviation industry include business equipment leasing, corporate banking, treasury management, corporate and purchasing cards -- such as the Voyager Fleet Card. Look for details on these products at this year's NBAA show.
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