dnata to acquire the remaining 50% stake in Alpha LSG from LSG Group.

dnata, an air services provider, agreed to acquire the remaining 50% stake in its joint-venture, Alpha LSG, a provider of inflight services to the world's airline customers, from LSG Group, a holding company providing products and services for the travel industry. Financial terms were not disclosed. The proposed purchase of Alpha LSG follows dnata’s increased investment in its catering portfolio this year, having opened new facilities in Houston, Boston, Los Angeles, San Francisco and Vancouver. “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,” Jochen Muller, LSG Group Chief Operations Officer.