8 GROUND SUPPORT WORLDWIDE APRIL 2017
BUSINESS BUZZ
lande – a global market leader for val-
ue-added logistic process automation at
airports and in the parcel market, as well
as being a leading supplier for warehouses
– from the company's current owner
NPM Capital.
The acquisition has been fully
approved and supported by Vanderlande's
Supervisory and Management Boards, and
Works Council. Vanderlande will retain
its name and corporate identity, as well
as continue its operations as a standalone
entity from the same locations worldwide.
The transaction signifies TICO's strategic
ambition to increase its presence in auto-
mated material handling.
As Managing Officer for TICO and the
designated Chairman of Vanderlande's
Supervisory Board, Norio Wakabayashi
says, "Vanderlande complements our cur-
rent offering by providing a full range of
integrated automated material handling
solutions. We also see a strong strategic
match in our extensive sales and service
networks. This acquisition creates even
better global coverage across almost all of
the markets that have a requirement for
automation."
Unilode to Manage the ULD
Fleet of Saudia and Saudia
Cargo
Saudia and Saudia Cargo have awarded
the management of their containers and
pallets to Unilode Aviation Solutions, a
global provider of outsourced Unit Load
Device (ULD) management and repair
solutions, with operations set to start on
April 1.
Unilode will set up a regional ULD
management office in the airlines' hubs
in Jeddah and Riyadh, and will operate
a repair shop in Jeddah for the mainte-
nance and repair of ULDs and galley carts,
supplemented by Unilode's network of 30
repair stations. As an additional service,
Unilode will undertake the management
of ULD accessories.
"We are pleased to announce such
a major ULD management agreement,
which is a great sign of our business
continuity and growth following the
change of ownership of our company and
our rebranding from CHEP Aerospace
AviationPros.com/10017914