LSG Lufthansa Service Holding AG

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LSG Lufthansa Service Holding AG - overview

Established

1966

Location

-, -, Germany

Primary Industry

Consumer Services

About

Headquartered in Germany, LSG Lufthansa Service Holding AG is a global leader in airline catering and hospitality services, providing innovative culinary solutions tailored to the needs of airlines and their passengers. LSG Lufthansa Service Holding AG operates as a prominent airline catering service provider, specializing in culinary solutions for the aviation industry. Founded in 1966, the company is headquartered in Neu-Isenburg, Germany. In April 2023, Aurelius Group acquired LSG from Deutsche Lufthansa, aiming to enhance their market presence.


The company has completed a total of 3 deals to date. LSG Sky Chefs specializes in airline catering and hospitality, offering a comprehensive range of culinary solutions tailored to meet the diverse needs of airlines and their passengers. The company’s core offerings include premium onboard dining services, full-tray meals, and snack options, alongside lounge catering, hospitality support, and airline consulting services. These products are designed to enhance the travel experience for passengers, ensuring quality meals are available during flights and at airport lounges.


LSG Sky Chefs serves a global client base that encompasses major airlines across North America, Latin America, Europe, Asia, and Africa, delivering over 308 million meals annually from 131 locations in 49 countries. The focus on culinary excellence and bespoke food solutions positions LSG Sky Chefs as a leader in its industry, catering to various price categories and dietary preferences. LSG Sky Chefs generates revenue through business-to-business transactions primarily with airlines, wherein services and meal solutions are offered under contractual agreements. The company structures its transactions through partnerships with airlines, which often include tailored catering programs and consultancy services that enhance operational efficiency.


Clients typically engage LSG Sky Chefs for specific meal plans that may involve one-time orders or ongoing contracts based on flight schedules and passenger volumes. The revenue model supports various pricing structures that reflect the scale and customization of services provided, enabling airlines to offer quality catering solutions to their passengers. The company’s flagship offerings, such as their premium meal options and hospitality services, contribute significantly to its operational revenue, ensuring a consistent demand across its diverse international markets. Following its acquisition in April 2023 by Aurelius Group, LSG Lufthansa Service Holding AG plans to leverage this opportunity to accelerate its expansion into the North American market.


This strategy will focus on enhancing service offerings and potentially developing new products tailored for this region. The financial backing from the acquisition will support these initiatives, positioning the company for growth in a competitive landscape.


Current Investors

Aurelius Group

Primary Industry

Consumer Services

Sub Industries

Hospitality Services, Airlines & Air Travel

Website

www.lsg-group.com/lsg-sky-chefs

Total Amount Raised

Subscriber access only

LSG Lufthansa Service Holding AG - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Corporate Carve OutCompletedLSG Lufthansa Service Holding AG-
Unspecified ExitCompletedLSG Lufthansa Service Holding AG-
BuyoutCompletedLSG Lufthansa Service Holding AG-
Trade SaleCompletedSky Chefs Inc.-
Trade SaleCompletedSky Chefs Inc.-

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