Gategroup seals takeover

Gategroup has acquired the European operations of LSG Group from Lufthansa Group for an undisclosed sum (subject to regulatory approval).

The transaction includes the inflight catering operations in Germany, Switzerland, Netherlands, Belgium, Italy and Spain; equipment brand Spiriant; convenience food brand Evertaste; train catering; lounges and the Ringeltaube operations. As part of the transaction, SWISS has extended its partnership with gategroup out of Zurich and Geneva; and the caterer has been awarded the long term catering contract for Lufthansa’s German operations. Lufthansa and gategroup will also establish a joint venture in the core hubs in Frankfurt and Munich and set up a Lufthansa-dedicated Studio 50/8, a culinary think-tank and exclusive ‘house of inspiration and co-creation’, which will aim to set new airline catering standards.