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Gategroup news. Bringing you the latest Airline News & Airline Industry Insights. Headquartered in Zurich, Switzerland, gategroup delivers operational excellence through the most extensive. Gategroup Aug 02, 10, 01:15 ET.

Gategroup’s offer topped that of industry rival Do&Co and the two had been the last remaining contenders in a long, drawn out auction, sources familiar with the process said. Gategroup was delisted from the SIX Swiss Exchange in April 17. As a result, RRJ Capital is now the sole shareholder and Temasek remains invested in gategroup through a mandatory exchangeable bond.

They are now co-shareholders with RRJ Capital, who owns the remaining 50% of the company. The transaction comprises of. Stock quote, stock chart, quotes, analysis, advice, financials and news for share GATEGROUP HOLDING AG | Swiss Exchange:.

GATEGROUP HOLDING AG :. Gategroup is the leading global airline catering, retail onboard and equipment solutions provider with the largest global network in the aviation industry. We specialize in airline catering and hospitality, provisioning and logistics;.

Gategroup is a leading independent global provider of catering and hospitality;. Gategroup provides passengers with superior culinary and retail experiences, leveraging innovation and advanced technology solutions. Get today's Gategroup Holding AG stock price and latest GGRUF news as well as Gategroup real-time stock quotes, technical analysis, full financials and more.

Gategroup is the leading independent global provider of products, services and solutions related to a passenger’s onboard experience. Chinese conglomerate HNA’s efforts to strengthen its finances have been dealt a blow with the collapse of plans raise up to SFr1.3bn by listing Gategroup, the Swiss airline catering business it. The gategroup Finance Luxembourg S.A.-Bond has a maturity date of 2/28/22 and offers a coupon of 3.0000%.

9 December 19 Airline News Food & Beverage Travel News gategroup Holding has reached an agreement to acquire the European operations of LSG Group from Lufthansa. We specialize in catering and hospitality, provisioning and logistics;. “This is yet another step forward in the transformational journey of gategroup.”.

Gategroup's offer topped that of industry rival Do&Co DOCO.VI and the two had been the last remaining contenders in a long, drawn out auction, sources familiar with the process said. March 24, DFNI News Gategroup reports positive growth in FY19 and stable revenues. In February 18 gategroup co-founded the Airline Catering Association (ACA), which is based in Brussels, Belgium.

Gategroup Holding is the world’s largest provider of airline catering and retail on board. And onboard products and services to companies that serve people on the move. Sign up here to receive our press releases by email.

Gategroup Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Stock analysis for Gategroup Holding AG (GATE) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Go to article.

We are committed to building an organizational culture where everyone is motivated to reach their full potential. Gategroup encourages and empowers individuals to perform at their best as part of high-performing, supportive and collaborative teams. The last trading day of the registered shares of gategroup Holding AG will be April 26, 17.

We serve more than 300 customers and more than 500 million passengers every year, from our 0 units across 60 countries. HNA Was Already No Match. Get the need-to-know developments in passenger experience, ancillary services, revenue management, loyalty & technology.

By decision dated April 18, 17, SIX Exchange Regulation definitively approved the delisting of the registered shares of gategroup Holding AG from SIX Swiss Exchange as of April 27, 17. China's HNA Group said on Thursday the 63.6 percent of the voting rights and shares in Gategroup it now owns are sufficient for its takeover bid for the Swiss airline catering firm to succeed. GATEGROUP HOLDING AG (SWX:) :.

Company profile page for Gategroup US Holding Inc including stock price, company news, press releases, executives, board members, and contact information. Gategroup (PK) Description Gategroup is the leading independent global provider of products, services and solutions related to a passenger's on-board experience. HNA Group has agreed to sell all outstanding shares of its airline catering services division gategroup to Asian investment firm RRJ Capital.

DeSter, eGate Solutions, Elan, Gate Aviation, Gate Gourmet, Gate Safe, Harmony, Performa, potmstudios, Pourshins, Servair and Supplair. HNA sells 100% of gategroup 29 / 03 / 19. The transaction was completed on 25 September 19.

And onboard products and services to companies that serve people on the move. Gategroup‘s new onboard dining introduced on Condor Condor, the Thomas Cook Group airline, is the first European airline to offer gategroup’s new dining concept on European flights. The world’s largest provider of airline catering services in terms of revenues plans to go public before.

Gategroup Lufthansa to sell rest of catering unit LSG in BERLIN Lufthansa will initiate the sale of the parts of its catering unit LSG it is not selling to Switzerland's Gategroup early next year, the German carrier said on Monday. In January 17 Gategroup acquired control of Servair from Air France, adding a major presence in Africa. Gategroup Holding has reached an agreement to acquire the European operations of LSG Group from Lufthansa.

High-level meetings, powerful lobbying firms and a charm offensive were unable to get regulators to approve a deal with SkyBridge Capital, Anthony Scaramucci’s firm. Gategroup strikes long-term partnership with Air Europa 3 April 19 Gate Gourmet and gateretail, two gategroup companies, have been awarded a six-year contract to serve Spanish carrier Air Europa. Go to article.

Go to article. Gategroup unleashes the power of Big Data in new partnership with Airbus 02 / 04 / 19. Detailed company description & address for Gategroup Holding AG.

Lufthansa is also launching a partnership with gategroup that will involve the Zurich-based company providing catering for flights at the airline’s Frankfurt, Munich and Zurich hubs. Gategroup Holding AG today announced that Temasek has converted its mandatory exchangeable bond and acquired additional shares resulting in a 50% stake in gategroup. Gategroup is the global leader in airline catering, inflight sales and hospitality products and services.

RRJ Capital has agreed to purchase all outstanding shares in gategroup from HNA Group. Commenting on these developments, gategroup CEO Xavier Rossinyol said that the company’s ’emphasis on retail and technology continue to add lift to the two wings of gategroup’, with growth and innovation on one side, and efficiencies and cash flow on the other. Gategroup reported 4.9 billion Swiss francs ($4.92 billion) in revenue and 343.9 million francs in earnings before interest, taxes, depreciation and amortization in 18, according to the company’s.

Gategroup, which announced in a statement that the IPO had been canceled, had been due to start trading in Switzerland on Tuesday, with the IPO valuing the whole company at as much as $2.8 billion. Zurich prosecutors have launched a criminal investigation connected with the 16 takeover of air services group Gategroup by the Chinese conglomerate HNA. Gategroup's portfolio includes the following brands:.

About gategroup Enhancing the passenger experience. Xavier Rossinyol, CEO, gategroup:. Gategroup | 51,847 followers on LinkedIn.

Retail on board was down from CHF668.5m to CHF634.7in FY19This story continues at Gategroup reports. Its customers include airlines, railroads and hotels around the world. Planned Refinancing Is Credit Positive.

RRJ Capital has agreed to purchase all outstanding shares in airline catering and on board retail provider, Gategroup from HNA Group. The two investors subscribed to a five-year, mandatory exchangeable bond that will give them a 49 percent stake in Gategroup Holding AG upon conversion into shares, according to a statement Monday. Is Expanding Power to Block Chinese Firms.

Lufthansa will retain a minority stake in new joint venture companies providing catering in Frankfurt and Munich. The foundation of this culture is a work environment where individuals are. Upon completion of the transaction (expected to occur in April) RRJ Capital will become Gategroup’s sole shareholder and Temasek will remain invested in Gategroup through a mandatory exchangeable bond.

Moody's Investors Service 23 Oct 15 Issuer Comment gategroup - Business Services - Switzerland:. A free inside look at company reviews and salaries posted anonymously by employees. Enterprise Tools News feed.

News, information and stories for GATEGROUP HOLDING AG | Swiss Exchange:. 2 /PRNewswire/ -- gategroup announced today that Edward Mitzel, currently Group Senior Vice President and Chief. ZURICH GLATTBRUGG – gategroup Holding AG announced that RRJ Capital has completed the acquisition of all outstanding shares in gategroup from HNA Group.

Gategroup is the global leader in airline catering, retail-on-board and hospitality products and services. Moody's Investors Service 26 Aug 15. Lower Profitability In 15, But Reduced Debt Levels And Expected Cost Savings Support Current Rating.

Gategroup has revealed plans for an initial public offering on the Six Swiss Exchange. The payment of the coupon will take place 1.0 times per Year on the 28.02. This move follows HNA Group’s intention to raise funds through a public listing for the airline caterer in an effort to help tackle HNA’s liquidity crunch on 5 March, reported Reuters.

We provide passengers with superior culinary. The transaction comprises of LSG’s inflight catering operations in Germany, Switzerland. Company profile page for Gategroup Holding AG including stock price, company news, press releases, executives, board members, and contact information.