The Atlanta Journal-Constitution

Delta ground unit merging with Argenbrigh­t

Airline will still remain an equity partner in Delta Global Services.

- By Kelly Yamanouchi kyamanouch­

Delta Air Lines has struck a deal for its ground handling subsidiary Delta Global Services to merge with Argenbrigh­t Holdings I LLC.

Delta Global Services has been a wholly owned subsidiary of Delta Air Lines. But when the deal closes it will be a standalone ground handling business under Argenbrigh­t’s management, with Delta as an equity partner in the combined company under the Delta Global Services name.

Atlanta-based Delta announced the deal Tuesday, declining to disclose the value of the transactio­n.

Delta will also remain one of the largest customers of Delta Global Services, which is a contractor for airline baggage handling, gate agents and ticket agents, security, pilot training, staffing and other services.

Argenbrigh­t “has the experience, focus and industry relationsh­ips to advance DGS’ growth potential and level of service,” Delta said in a press release.

The deal, expected to close by the end of this year, is not expected to have any “day-to-day impact” on Delta customers, and Delta Global Services will continue to operate at the same airports, according to the airline.

Argenbrigh­t Holdings was founded by chairman Frank Argenbrigh­t, who decades ago started an Atlanta-based security contractin­g business known as Argenbrigh­t Security with Delta among its major clients.

He sold Argenbrigh­t Security in December 2000, and later started Atlanta-based AirServ, which he also sold, and SecurAmeri­ca.

Tom Marano, who has led other businesses for Argenbrigh­t, will become CEO of the new Delta Global Services.

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