EANS-Adhoc: gategroup Holding AG
Gate Gourmet Purchases United´s Tokyo Flight
Kitchen
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
01.06.2009
TOKYO, June 1 -- Gate Gourmet, a member of gategroup, has purchased United Airlines´ flight kitchen at Tokyo´s Narita Airport and has taken over catering and provisioning of United´s flights in the strategic Asian location under a new long-term contract.
The transaction closed on June 1, 2009, and will more than double Gate Gourmet Japan´s meal production capacity at Narita. Terms of the agreement were not disclosed.
"This acquisition underpins Gate Gourmet´s commitment and continuing presence in Tokyo," said Guy Dubois, CEO of gategroup, the parent company of Gate Gourmet. "Moving into the larger facility will allow us to grow with our existing customers as they look to add additional flights when a runway extension is completed at Narita in October 2009. We look forward to the synergies the new business and facility will afford Gate Gourmet as well as opportunities to introduce the services of other gategroup brands in this important market," he said.
Gate Gourmet has over 30 years of experience in serving international long-haul carriers at Narita. In addition to the new United business, Gate Gourmet Japan serves nine other international airlines in Tokyo. Service for the existing customers will be seamlessly transitioned to the newer, larger United facility during the second half of the year.
Gate Gourmet Japan also operates a flight kitchen at Hiroshima.
About gategroup and Gate Gourmet
gategroup is the leading independent global provider of onboard services to
companies serving the traveling passenger. gategroup comprises 11 member
companies whose world-class capabilities are focused in catering and
hospitality; aircraft provisioning and logistics; and onboard solutions.
gategroup shares are traded on the SIX Swiss Exchange under the symbol GATE.
Visit www.gategroup.com for more information.Gate Gourmet is the core brand of gategroup and is the world´s largest independent airline catering and provisioning provider. Gate Gourmet has more than 100 flight kitchens in 26 countries and serves approximately 200 million meals annually.
SOURCE gategroup; Gate Gourmet
end of announcement euro adhoc
Further inquiry note:
John Bronson, Managing Director Corporate Communications of gategroup/US,
+1-703-964-2362, jbronson@gategourmet.com
Branche: Consumer Goods
ISIN: CH0100185955
WKN: 010018595
Börsen: SIX Swiss Exchange / Hauptsegment