dnata to purchase remaining stake in Alpha LSG

3rd December 2019 (Last Updated December 3rd, 2019 11:04)

Emirates Group subsidiary Dubai National Air Transpart Association (dnata) has agreed to buy the remaining 50% stake in Alpha LSG.

dnata to purchase remaining stake in Alpha LSG
dnata opened new facilities in Houston, Boston, Los Angeles, San Francisco and Vancouver. Credit: dnata.

Emirates Group subsidiary Dubai National Air Transpart Association (dnata) has agreed to buy the remaining 50% stake in Alpha LSG.

Completion of the deal is currently based on the receipt of regulatory approvals.

Founded in 2012, Alpha LSG is the UK in-flight catering joint venture between dnata-owned Alpha Flight Group and LSG Sky Chefs.

This agreed share purchase with LSG Group will make dnata as the only shareholder of Alpha LSG.

With revenues of more than £290m, Alpha LSG employs 3,500 people across 15 airport catering facilities and two central production facilities in the UK.

It serves 160,000 aircraft of 80 customers and produces more than 30 million meals annually.

In June, Alpha LSG revealed plans to facilitate future growth in the Manchester region. It is planning to move operations to a new building on the ICON Manchester Airport City site next year.

dnata divisional senior vice-president Robin Padgett 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 partnership 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.”

This year, dnata has invested in its catering portfolio.

The company recently opened new facilities in Houston, Boston, Los Angeles, San Francisco and Vancouver.

Offering services in 35 countries across six continents, dnata’s catering team produces more than 320,000 meals every day.