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Emirates unit to acquire remaining shares in Alpha LSG

12/04/2019| 2:09:51 PM| 中文

Alpha LSG has revenue of over £290 million and employs 3,500 people across 15 airport catering facilities and two central production facilities in the UK.

Dnata, the airport services unit of Emirates, has agreed to buy the remaining shares of its UK inflight catering joint venture Alpha LSG from the LSG Group as it expands its international portfolio.

The acquisition will make Dubai-based Dnata the only shareholder of the biggest inflight catering, on-board retail and logistics company in the UK, Dnata said in a statement on Monday. The transaction is subject to regulatory approval.

"We appreciate the strong partner we have had in LSG over the past seven years and are excited to build on our success and bring Alpha LSG’s employees into the dnata family," Robin Padgett, divisional senior vice president of Dnata, said.

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TAGS: Dnata | Emirates Airlines | Alpha LSG
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