Wednesday, August 12, 2015

Emirates Group’s dnata to firm up brand with new acquisitions

ubai: Emirates Group’s dnata is planning a series of acquisitions to widen its global footprint in efforts to strengthen the company’s image as a major multinational.
Gary Chapman, dnata President, said in an interview with Gulf News on Wednesday that talks in Europe and the Americas were finalising while the company is “looking at a few options” in Far East Asia.
“You’re going to see a few announcements certainly by the end of the year … about us expanding our global reach quite significantly,” he said at his office at the Emirates Group headquarters in Dubai.
The company is “very close” to completing the acquisition of at least one European airport operations unit, and in the “advanced” stages of acquiring several cargo handling units in the Americas from “a few niche players”. The Far East Asia deal is for a travel firm and is not in China, Chapman said but did not disclose any further details.
“We’ve had a relatively quiet period and all of a sudden I see a number of acquisitions coming up,” he said.
http://gulfnews.com/business/aviation/emirates-group-s-dnata-to-firm-up-brand-with-new-acquisitions-1.1565689

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