Dnata looks at acquisitions in Asia and Gulf Arab region
Emirates Group President Group Services Gary Chapman stated Dnata is looking at acquisitions in Asia and the Gulf Arab region in the wake of its purchase of Alpha Flight, the flight catering unit of Autogrill SpA in 2010 (Gulf Times/Reuters/Arabian Supply Chain/Kippreport, 29-Apr-2011). We would love to do more acquisitions in the (Gulf Arab) region ... There’s no question that growth will definitely be in the Far East and the Indian subcontinent. We will be looking to grow in these markets," Mr Chapman said. However, he noted that this has "been proving quite difficult … most businesses are government owned in the region and therefore controlled by authorities. So it’s not that easy to successfully spread our operations.” Mr Chapman also stated he expects revenues to grow by between 10% and 20% compounded. Dnata, which provides ground handling, cargo, travel and flight catering, launched a branding campaign on 28-Apr-2011 aimed at boosting its profile internationally.