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  • gategroup delivers strong operational, commercial and financial performance in 2015

    ZURICH, March 10, 2016 – gategroup Holding AG reported a solid performance for 2015 on the basis of significant operational and commercial progress during a year of change. The results demonstrate that the Board of Directors, senior management and the entire gategroup team are on track to deliver on the five-year Gateway 2020 strategy. …

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  • gategroup takes note of request for agenda items

    ZURICH, February 29, 2016 ̶ gategroup has received from RBR Capital Advisors and Camox Master Fund, two hedge funds based in the Cayman Islands and Luxembourg that together hold an 11.3% stake in gategroup, the request for agenda items for the Annual General Meeting of Shareholders 2016. …

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  • gategroup renews key contracts

    ZURICH, February 29, 2016 – gategroup Holding AG is pleased to announce that it has reached agreement with American Airlines for the extension of important catering and provisioning business. Total revenue over the life of the extension is estimated to exceed CHF 100 million, a sizeable portion of gategroup’s global business with this airline partner. American Airlines is one of the …

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  • gategroup's Board of Directors rejects Board replacements sought by minority shareholders

    ZURICH, February 16, 2016 – RBR Capital Advisors and Camox Master Fund, two hedge funds based in the Cayman Islands and Luxembourg that together hold an 11.3% stake in gategroup, have informed the Board of Directors of gategroup that in addition to the two members elected to the Board at their request at the 2015 AGM, they will be seeking the election of two new Board members, including a …

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  • gategroup completes acquisition of Inflight Service Group and wins new Retail on Board contract

    ZURICH, February 2, 2016 – gategroup Holding AG announced that it has met all closing conditions and therefore acquired Inflight Service Group (“IFS”) in full, from funds advised by Triton. The transaction, which will increase gategroup’s revenue by CHF 250 million and EBITDA by CHF 13.4 million annually pre synergies, is expected to be cash accretive to EPS in its first …

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  • gategroup renews major contract with United Airlines

    ZURICH – gategroup Holding AG is pleased to announce that it has reached agreement with United Airlines for the extension of important catering and provisioning business. Total revenue over the life of the contracts is estimated to exceed CHF 500 million. …

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