Deals
World’s Largest Airline Caterer Gategroup Said to Ready for IPO
A Gate Gourmet catering trailer is unloaded onto a United Airlines plane in San Francisco.
Photographer: David Paul Morris/BloombergThe world’s biggest in-flight caterer Gategroup Holding AG is preparing for an initial public offering as soon as the second half of next year, people familiar with the matter said.
The company has held talks with potential advisers as it considers a listing, the people said, asking not to be identified as the information isn’t public. The venue has not yet been decided, but Zurich is a likely contender, they added.