ACL Airshop and Alinda team up for growth |
GREENVILLE, SC and GREENWICH, Connecticut, April 22, 2021 / PRNewswire / – ACL Airshop, a global leader in air cargo unit loading device (ULD) logistics solutions for more than 200 airlines, air cargo carriers and others transport customers, announced the closing of the acquisition of ACL Airshop by Alinda Capital Partners, an infrastructure fund manager.
The transaction was successfully completed in April 2021. Details of the transaction were not disclosed.
Alinda is a global independent investment firm focused on middle market infrastructure assets that provide essential services. Alinda owns interests in infrastructure companies in all 50 US states, as well as Canada, the UK and continental Europe. Alinda-owned businesses serve over 100 million customers each year.
“Alinda is among the world’s most successful investors in infrastructure, including transportation and logistics,” said Steve Townes, President and CEO of ACL Airshop. “Alinda also has a successful track record of investing in pooled and leased equipment, and has experience supporting growth-oriented businesses. They are committed to ACL Airshop’s growth strategy with its customers and share our vision of continued expansion in the years to come. “
“ACL Airshop is a uniquely positioned company and is led by an exceptional management team,” said Chris Beale, President of Alinda. “We look forward to supporting their growth strategies.”
Townes noted that ACL Airshop’s current management and operations team will continue to lead the organization under its new ownership. He added that the acquisition will benefit ACL Airshop employees, suppliers, partners and customers through access to Alinda’s resources and their proven strategies to help critical infrastructure businesses grow profitably on their own. market. According to Townes, this experience will be invaluable to ACL Airshop as it continues to expand its ULD fleet and network of airport sites globally, while deploying innovative new technologies.
About ACL Airshop – ACL Airshop owns, services and rents over 50,000 Unit Loading Devices (ULDs), including air cargo pallets and containers, issued from 55 airport hubs across North America, Europe , Asia-Pacific, Middle East and Latin America. ACL Airshop’s strong growth in recent years builds on the company’s 38-year heritage as a specialist in air cargo equipment and logistics. Its global service network has grown from 23 airport hubs in 2016 to 55 at the last count. Today, the company maintains the largest independent inventory of ready-to-lease ULD assets in the industry for short-term solutions, and also has an array of longer-term ULD management contracts. The company deploys innovative logistics technologies such as “FindMyULD” which allow better fleet efficiency and operational cost savings for customers. ACL Airshop was the first in its competitive class to offer Bluetooth tracking and tracing of air cargo pallets and containers. For more information, please visit www.ACLairshop.com.
About Alinda Capital Partners – Alinda Capital Partners is a global investment firm that invests long term in infrastructure assets that provide essential services. Alinda’s investment partners are primarily pension funds serving public and private sector workers who seek regular, long-term investments to meet their retirement obligations. They include some of the largest institutional investors in the world. Alinda has offices in Greenwich (Connecticut), Miami and London. See www.alinda.com.
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