Alpha and LSG Sky Chefs UK Joint Venture Signed
London, UK/Neu-Isenburg, Germany – Today, Alpha Flight Group Ltd (‘Alpha’) and LSG/Sky Chefs Europe Holdings Ltd (‘LSG’) announced that they have signed the incorporation of their UK-only joint venture to become effective October 1, 2012. The newly-formed company will operate under the name Alpha LSG Ltd., and will include all existing Alpha and LSG Sky Chefs airline catering, airline retail and ancillary services in the UK, with the exception of Alpha’s dedicated British Airways operation at London-Gatwick and its operations in the Republic of Ireland.
Both shareholders will take an equal stake in the joint venture and management of the business going forward. The management team of Alpha LSG Ltd. will consist of CEO – Ken Adamson, Managing Director of Alpha Flight UK and Ireland, and CFO – Axel Bilstein, a senior executive with LSG Sky Chefs. The team will now concentrate on continued delivery and maintaining service stability to our customers whilst delivering the integration of the two businesses. This will include the implementation of a forward-thinking customer focused business model and organization, as well as the planned transfer of the employees into the joint venture after full and meaningful consultations with all employees and their representatives.
The new company has combined revenues of more than GBP 300 million, which is generated by up to 3,600 employees providing catering services with facilities in 16 airports throughout the UK.
About Alpha Flight Group Ltd: Alpha Flight Group Ltd (Alpha), a wholly-owned subsidiary of dnata, is a leading international flight caterer employing 5,800 staff worldwide. Alpha currently operates in 58 airports in 11 countries, producing over 120,000 meals per day. In 2011, Alpha’s turnover was GBP 426 million. For further information visit www.alpha-group.com
In the United Kingdom, Alpha supplies more than 22.9 million meals each year and provides Catering and Retail services to over 160,000 flights.
The LSG Group is the world’s leading provider of end-to-end onboard products and services for the travel industry. It possesses a strong portfolio of independent expert brands: LSG Sky Chefs (catering and hospitality, including lounges), Retail inMotion (onboard retail), SPIRIANT (onboard equipment) and Evertaste (convenience food). The LSG Group is headquartered in Neu-Isenburg, near Frankfurt, Germany. In 2017, its almost 35,000 employees achieved consolidated revenues of EUR 3.2 billion. Additionally, the LSG Group has a rich network of joint ventures and partnerships partners around the globe, employing more than 20,000 staff and generating non-consolidated revenues of EUR 1.3 billion. www.lsg-group.com