Vincent Hampton appointed Managing Director of the new entity
Etihad Airways has acquired the shares held by Armaguard Linfox Group (Australia) in Abu Dhabi-based joint venture Armaguard Valuables Management AVM), becoming sole shareholder of the company and renaming it Etihad Secure Logistics Services.
In the six years since it began operations, AVM has successfully grown from a start-up to become a major player in the UAE secure logistics and valuables management market.
With increasing opportunities in their respective markets, both Etihad and Armaguard have agreed now is the right time for the business to operate as a full subsidiary of Etihad Airways as part of Etihad’s expanding cargo and logistics portfolio.
“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,” commented Gary Allen, CEO, Linfox Armaguard Group.
“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,” remarked Abdulla Mohamed Shadid, Managing Director, Cargo and Logistics Services, Etihad Aviation.
Etihad has appointed Vincent Hampton as Managing Director, Etihad Secure Logistics. As a management and security specialist, Hampton 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.