LSG assets in Latvia and Estonia Acquired by gategroup | Industrials M&A Deal

gategroup has acquired LSG assets in Latvia and Estonia, a industrial services other business in Riga and Tallinn. gategroup acquisitions expand airline catering and retail on board offerings by adding complementary operations in Latvia and Estonia to its European network. The gategroup acquisitions take over standalone activities focused on business continuity and uninterrupted service for airline customers across the Baltic region. The add on acquisition is an announced strategic acquisition by a strategic buyer, with deal size undisclosed, and is structured as an add-on/bolt-on to strengthen gategroup’s Northern Europe footprint.