13-Mar-2012 10:15 AM

LSG Sky Chefs to acquire Finnair's catering business

Finnair and LSG Sky Chefs signed (12-Mar-2012) a MoU on LSG Sky Chefs acquiring Finnair's catering operations. The acquisition would comprise the entire share capital of Finnair Catering Ltd and Finncatering Ltd. Finnair would continue to buy its flight catering from Finnair Catering Ltd, under LSG Sky Chefs ownership. The acquisition is subject to the approval of internal LSG Sky Chefs and Lufthansa Boards and the competition authority of Finland and it is expected to be finalised by end of 1H2012. Subject to the final agreement, approximately 650 employees of Finnair Catering Ltd and Finncatering Ltd will be employed by LSG Sky Chefs. [more - original PR]