Japan’s FGL Acquires ALM

UK-based lessor Aircraft Leasing & Management has been bought outright by Japanese firm Fuyo General Lease (FGL). FGL leases office equipment, industrial machinery and medical devices, as well as ships, aircraft and cars, and also offers commercial loans and other financial services.

The acquisition of ALM will expand the Tokyo firm’s aircraft leasing capabilities. ALM will continue to operate out of its office near London Gatwick and provide the same asset management, remarketing and advisory services to clients. ALM’s directors, Roy Webber and Alan Robinson, will also continue in their roles.

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