Dnata, the Dubai-based airport and travel services firm, will acquire a 100% shares of Milan based in-flight catering firm, Alpha Flight Group.
The Italian firm has a turnover of Dhs2.3bn and employs over 5,800 staff in 11 countries. It produces over 120,000 meals per day at 58 airports globally.
The final transaction is scheduled to take place on December 31, 2010.