As disclosed by its Chairman, Adam Tan, gategroup and its shareholder, HNA Aviation Air Catering (Hong Kong) Limited, are considering a potential public offering and listing of gategroup’s shares.
SIX Swiss Exchange in Zurich is currently being evaluated as a potential listing location. The structure and timing of any offering or listing are yet to be determined.
gategroup is a leading global provider of products, services and solutions relating to a passenger’s onboard experience. It specializes in catering and hospitality; provisioning and logistics; and onboard products and services to companies that serve people on the move. In 2016, gategroup achieved a total revenue of CHF3.4 billion and EBITDA of CHF 200 million. The company currently employs 43,000 people worldwide. For further information: www.gategroup.com
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