UAE’s Etihad takes sole ownership of secure logistics firm

Etihad Airways says it has acquired the shares held by Armaguard Linfox Group (Australia) in Armaguard Valuables Management
Etihad Airways has announced that it acquired the shares held by Armaguard Linfox Group (Australia) in Abu Dhabi-based joint venture Armaguard Valuables Management (AVM).

The deal makes Etihad the sole shareholder of the company which has been renamed Etihad Secure Logistics Services.

In the six years since it began operations, AVM said it has successfully grown from a start-up to become a major player in the UAE secure logistics and valuables management market.
Gary Allen, Linfox Armaguard Group CEO, said: “The Armaguard Group is concentrating on continuing to strengthen the existing businesses in Australia and New Zealand while enhancing our services across South East Asia, and as such will withdraw from the UAE.

“Etihad and Armaguard have shared a long history of working together to provide the best solutions for our customers. We will continue as a strong network alliance, servicing the global valuables market. We will continue to work together to ensure a seamless transition for our customers.”

Abdulla Mohamed Shadid, managing director Cargo and Logistics Services at Etihad Aviation Group, added: “We are now in a position, with Etihad Secure Logistics operating as a wholly Etihad-owned business, to better support the home market in its next phase of growth and development.
“This comes with increased investment in the valuables transportation and logistics segments, as well as the banking and financial services sectors in Abu Dhabi and the UAE, complimenting the wider cargo and logistics offering at Etihad.”

Etihad said it has appointed Vincent Hampton as managing director of Etihad Secure Logistics and he will be responsible to lead and execute the company’s new strategic vision.

Hampton previously held various roles with the United States Air Force and the US Department of State in Abu Dhabi, and a decade of leadership roles in security consulting within the UAE private sector.

Profile

AAC Cargo is an international Freight Forwarding company, based in Dubai, with a reputation for providing outstanding quality that continues to secure a loyal customer base. The Company has developed a strong, young management team, which together with the founding Directors are committed to working within established quality procedures to provide each customer with the most reliable personalized service and dedicated to the continuous development of both our people and our services.

We pride ourselves on providing a flexible and innovative approach to achieving solutions for our customers, helping them in turn to meet the increasing demands of their customers. Our greatest asset is our people. We are committed to giving them the necessary training and tools, including cutting-edge technology, to provide the highest level of customer attention in the transportation logistics industry.

We are a team of highly experienced professionals who served the shipping and transportation industry with dedication and distinction for a very long time. Our long experience helped us to develop very strong relationships with the Exporters, Importers, various Government organizations like Port Authorities, Customs, Chambers, Free Zone Authorities, etc. We leverage this enormous network for the benefit of our customers to provide the finest international transportation and logistics services.

We offer a complete range of logistic solutions at competitive prices, personalized customer service and a worldwide network of offices and affiliates among others. Our advanced and value added services together with our high ethical standards helps us gain the respect and appreciation of our customers. Our ability to create customized solutions in specialized areas such as industrial logistics and other critical areas of multimodal transportation is the result of our pragmatic approach.

AAC CARGO L.L.C, Dubai, U.A.E

www.aaccargo.com/en

Tel: +971 4 8880718

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International Cargo and LogisticsServices

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Air Freight, Sea Freight, Express Cargo, Courier Express, International Movers, Boat Relocation, Car Shipping, Parcel, Project cargo, Fine Arts cargo.

Air Freight, Sea Freight, Courier Express, International Movers, Boat Relocation, Car Shipping