Menzies Aviation subsidiary, AMI,has signed a conditional agreement to acquire Universal Air Cargo (UAC).

Headquartered in London, the combined business will have offi ce locations in London, Manchester, Birmingham, Frankfurt, Sydney, Melbourne, Brisbane, Perth, Auckland, New York, Chicago, Atlanta, Los Angeles and Shanghai, and a joint venture operationin Hong Kong.

AMI director Peter Weir said that this acquisition will provide the joint customer base with a range of cost effectiveglobal solutions.

UAC chairman Peter Whitfi eld commented:“Our ability to now provide aseamless global service by consigningfreight from wholesaler to wholesaler,together with the establishment ofmore effective EDI links, will be ofsignifi cant benefi t to our customers.”