gategroup Holding AG (“gategroup”) today announced the following changes to its Executive Management Board (EMB). After 10 years with the group, Jann Fisch has decided to step down from the EMB effective today and take a new role outside of the airline catering industry. Xavier Rossinyol, gategroup Chief Executive Officer, said: “As leader of APAC […]
continue readingPositioning for post-COVID future – Update on Restructuring Plan
gategroup Holding AG (“gategroup”, the “Company” and together with its subsidiaries, the “Group”), announces that the High Court of England and Wales (the "Court") today gave directions that the hearing in relation to the proposal by gategroup Guarantee Limited (the "Plan Company") to convene a meeting of its creditors for the purposes of voting on […]
continue readinggategroup schliesst Übernahme des Europageschäfts von LSG ab
Die gategroup Holding AG („gategroup”) hat heute den Vollzug der Übernahme des Europageschäfts der LSG Group von der Deutsche Lufthansa AG („Lufthansa”) bekannt gegeben. Die Transaktion umfasst den Inflight-Catering-Betrieb von LSG in Deutschland, der Schweiz, den Niederlanden, Belgien, Italien und Spanien sowie das globale Equipment-Geschäft unter der Marke SPIRIANT, ausserdem das europäische Geschäft für Convenience […]
continue readinggategroup completes acquisition of LSG’s European operations
gategroup Holding AG (“gategroup”) today announced the completion of the acquisition of the European operations of LSG Group from Deutsche Lufthansa AG (“Lufthansa”). The transaction comprises LSG’s inflight catering operations in Germany, Switzerland, the Netherlands, Belgium, Italy and Spain as well as the global equipment business trading under the SPIRIANT brand. It also includes the […]
continue readingPositioning for post-COVID future – Recapitalisation by Shareholders and Amendment of Financial Indebtedness
As announced on 13 November 2020, gategroup Holding AG ("gategroup" or the "Company" and together with its subsidiaries, the "Group"), its shareholders, RRJ Capital and Temasek (the "Shareholders") and all of the Group’s bank lenders under the senior facilities agreement dated 30 November 2018 (the "Senior Lenders" and the "SFA", respectively) have agreed to the key terms and […]
continue readinggategroup announces plans for winter trial of industry-first inflight digital retail platform for air travellers
. For first time, passengers will be able to browse, order and buy inflight retail services from their personal devices. The digital retail platform gets set to commence trial with airline partner easyJet Flagship platform uses machine learning and data-driven innovation to deliver more relevant choice for passengers. gategroup, a leading global provider of airline […]
continue readingRestructuring of the Group’s Financial Indebtedness
gategroup Holding AG (“gategroup”, the “Company” and together with its subsidiaries, the “Group”) is pleased to announce that its shareholders, RRJ Capital and Temasek, and all bank lenders providing syndicated loans to the Group have reached an agreement in principle, under a binding term sheet, to support a comprehensive restructuring of the Group’s financial indebtedness […]
continue readinggategroup gibt Ergebnis für das Geschäftsjahr 2019 bekannt
Die gategroup Holding AG hat heute die Gesamtjahreszahlen für 2019 sowie den Geschäftsbericht für das am 31. Dezember 2019 beendete Geschäftsjahr veröffentlicht. – Der Umsatz blieb 2019 mit CHF 5,0 Milliarden stabil (ggü. CHF 4,9 Milliarden im Jahr 2018, eine Steigerung um +0,5%). Das positive organische Umsatzwachstum von +4,1% wurde durch Veräußerungen von nicht zum Kerngeschäft […]
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