Lufthansa Group sells its European business to Gategroup

Lufthansa Group has confirmed the decision of its executive board to sell the LSG Group’s European business to Gategroup. The sale is part of the new strategy of Lufthansa Group to focus on the airline business, the company said. Furthermore, the sale enables the new owner to further develop the catering business. A possible sale is subject to the approval of additional bodies, in particular the Supervisory Board of Deutsche Lufthansa AG, as well as clearance by the competition authorities.