One of the world’s largest air services providers, dnata,has announced an agreement to purchase the remaining 50% of its UK inflight catering joint-venture, Alpha LSG, from the LSG Group. The acquisition will make it the sole shareholder of the biggest inflight catering, on-board retail and logistics company in the UK. The transaction is now subject to regulatory approval.
Alpha LSG was formed in 2012 by the dnata-owned Alpha Flight Group and LSG Sky Chefs; each holding a 50% share of the business. The agreed share purchase has the full support of the LSG Group and Alpha LSG operations will continue as usual.
Robin Padgett, divisional senior vice president, dnata, said: “Alongside the LSG Group, we have built a high-performing business in the UK and have helped our airline customers deliver innovative, world-class solutions for their customers.
“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.”
Jochen Müller, chief operations officer, LSG Group said: “We would like to thank Alpha LSG employees for their dedicated service over the years, as well as our JV partner, dnata, for the trusting and collaborative partnership in the highly competitive UK market.
“This move will help to secure the continued growth of Alpha LSG and we look forward to a smooth transition while we continue our world-leading day-to-day operations.”
Alex Forbes, CEO, Alpha LSG added: “We look forward to the next phase of our journey as part of the global dnata network.”