Gate Gourmet

The Gate Group Holding AG (formerly as Gate Gourmet occurring ), located in Kloten is an international, on airline catering specialized Swiss group.

Business

The core of the group is the subsidiary Gate Gourmet, from the Gate Group has emerged later. In addition, Gate Group includes the brands Supplair, Performa, Pourshins, Gate Aviation, potmstudios, Gate Safe, deSter, Harmony, eGate Solutions, Elan and about another ten subsidiaries in the catering or catering close range.

Gate Group has 130 locations in 35 countries on six continents and a workforce of approximately 22,000 employees. In 2008, the Group realized a turnover of 2.9 billion Swiss francs. In 2009, this was due to review of 2.7 billion Swiss francs. This Group is behind the gate LSG Sky Chefs world number two in the industry. Since May 2009 Gate Group is listed on the Swiss Exchange SIX Swiss Exchange.

History

The roots of Gate Group are founded in the 1931 national airline Swissair. 1992 Swissair outsourced their catering activities in the newly established subsidiary of Gate Gourmet. This was with an estimated enterprise value of the Swiss franc as a 6 billion crown jewel of Swissair. As a result of the September 11, 2001 and the demise of Swissair Gate Gourmet was in serious financial difficulties again. In the course of the liquidation of Swissair Gate Gourmet was sold for 1.1 billion Swiss francs to the U.S. financial investor Texas Pacific Group. The dramatic rise in crude oil prices also had the consequence that the customers of Gate Gourmet, the airlines were under tremendous cost pressure and, among other things drastically reduce your meals, which were served on board, first names. Several airlines were insolvent, so that Gate Gourmet himself became the company default. The cost pressure, which was transmitted by the airlines to Gate Gourmet, was also noticeable at the staff.

From 7 October 2005 to 7 April 2006, the employees of the subsidiary of Gate Gourmet strike at the Dusseldorf airport. The food in the union and Catering ( NGG ) organized workers tried to prevent the extension of working hours to 40 per week, the deletion of five days of leave and allowances and enforce a wage increase of 4.5 percent. At the end of the strike a tariff package was completed consisting of wage agreement, the collective bargaining agreement and the social collective agreement. The strike was the longest strike in the history of the trade union NGG.

On 5 April 2006 gave LSG " Sky Chefs " and Gate Gourmet announced to set up a joint venture company for the catering business at Charles de Gaulle airport in Paris. The European Commission approved this merger in July 2006. Gate Gourmet France, Roissy CDG seat, was founded in 1999 and employs approximately 300 employees (as of April 2006). There are over 3 million meals a year made ​​. On 23 April 2007, declared bankrupt LSG, Gate Gourmet Paris.

After Texas Pacific Group had sold to the March 1, 2007 their share of Gate Gourmet to Merrill Lynch, a phase of restructuring of Gate Group, which eventually led to the merger with other companies for Gate Group and the made ​​in May 2009 IPO began.

Main Customers

( in alphabetical order, according to his own statement, as of January 2010)

Types of business entity International Securities Identification Number Interim-Management TPG Capital Emirates (airline)
362267
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