Lufthansa sells catering wing to private equity business

Lufthansa Group on April 5 announced the sale of the rest of its LSG Group catering business to AURELIUS, a private equity company. The deal, the financial terms of which were not disclosed, followed the 2019 sale of European LSG Sky Chefs activities to gategroup and was expected to be wrapped up by the third quarter of 2023. “We are pleased to have found the right investor for the LSG Group going forward that also has the full support of the LSG Group management. We are confident that AURELIUS will enable the LSG Group to be well positioned in the