LSG Group

LSG Sky Chefs and iFoodDS to Collaborate on Adaptable Network Solutions for FSMA 204 Food Traceability Rule Adherence

Retrieved on: 
Monday, February 12, 2024

FRANKFURT, Germany and SEATTLE, Feb. 12, 2024 /PRNewswire/ -- Today, the LSG Group and iFoodDS announced that LSG Sky Chefs will trial the iFoodDS traceability solution to capture, store and share data required by the U.S. Food and Drug Administration (FDA) Food Safety Modernization Act (FSMA) 204 Food Traceability Rule.

Key Points: 
  • FRANKFURT, Germany and SEATTLE, Feb. 12, 2024 /PRNewswire/ -- Today, the LSG Group and iFoodDS announced that LSG Sky Chefs will trial the iFoodDS traceability solution to capture, store and share data required by the U.S. Food and Drug Administration (FDA) Food Safety Modernization Act (FSMA) 204 Food Traceability Rule.
  • iFoodDS offers a flexible FSMA 204 compliance solution for enterprises and their network of suppliers and customers.
  • LSG Sky Chefs recognizes that when it comes to the food safety and quality of the products they provide their customers, there is no room for compromise.
  • "As the only traceability platform with a proven and scalable solution, iFoodDS can make FSMA 204 compliance easy for LSG Sky Chefs, while also supporting their safety, quality, and sustainability goals."

Natura &Co to sell The Body Shop to Aurelius

Retrieved on: 
Tuesday, November 14, 2023

SÃO PAULO, Nov. 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that it has reached agreement to sell The Body Shop to international private equity group Aurelius, marking a new step in the Group's strategy to simplify and refocus its operations.

Key Points: 
  • Under the transaction, Aurelius has signed an agreement to acquire The Body Shop for an enterprise value of GBP 207 million, including an earn-out of GBP 90 million.
  • The Body Shop will benefit from Aurelius' strong track record in building up companies to continue its transformation journey.
  • The Body Shop also became a certified B Corp™ in 2019, broadening its sustainability commitments and regaining its advocacy voice.
  • Fabio Barbosa, Chief Executive Officer of Natura &Co, declared: "With the sale of The Body Shop, we are taking another important step in Natura &Co's new development cycle to unlock significant value.

Natura &Co to sell The Body Shop to Aurelius

Retrieved on: 
Tuesday, November 14, 2023

SÃO PAULO, Nov. 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that it has reached agreement to sell The Body Shop to international private equity group Aurelius, marking a new step in the Group's strategy to simplify and refocus its operations.

Key Points: 
  • Under the transaction, Aurelius has signed an agreement to acquire The Body Shop for an enterprise value of GBP 207 million, including an earn-out of GBP 90 million.
  • The Body Shop will benefit from Aurelius' strong track record in building up companies to continue its transformation journey.
  • The Body Shop also became a certified B Corp™ in 2019, broadening its sustainability commitments and regaining its advocacy voice.
  • Fabio Barbosa, Chief Executive Officer of Natura &Co, declared: "With the sale of The Body Shop, we are taking another important step in Natura &Co's new development cycle to unlock significant value.

Global In-Flight Catering Services Market 2023-2028: High Growth Projected with Emphasis on the Pre-Packaged Food Trend, Dominated by the Economy Class - ResearchAndMarkets.com

Retrieved on: 
Friday, August 25, 2023

The global in-flight catering services market is expected to experience substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 6.45% from 2022 to 2028.

Key Points: 
  • The global in-flight catering services market is expected to experience substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 6.45% from 2022 to 2028.
  • Shift Towards Pre-packaged Food: The in-flight catering services market is witnessing a shift towards pre-packaged food due to its convenience, variety, cost savings, waste reduction benefits, ease of service, and quality.
  • The global in-flight catering services market is segmented based on various factors:
    Aircraft Class: Economy Class, Business Class, and First Class & Private Jets.
  • Europe: Europe leads the global in-flight catering services market, driven by its well-connected cities, airlines, routes, and frequency of flights.

LSG Sky Chefs: Voted Airline Caterer of the Year, North America

Retrieved on: 
Thursday, June 8, 2023

LSG Sky Chefs, the LSG Group’s global catering expert, has been voted “Airline Caterer of the Year 2023, North America” by readers of PAX International magazine, a highly-respected news source within the airline industry.

Key Points: 
  • LSG Sky Chefs, the LSG Group’s global catering expert, has been voted “Airline Caterer of the Year 2023, North America” by readers of PAX International magazine, a highly-respected news source within the airline industry.
  • The LSG Group is the quality and technology leader in airline catering and related markets.
  • LSG Sky Chefs produced 275 million airline catering meals (including minority interests) and 33 million food commerce units during this period.
  • In the US, LSG Sky Chefs operates more than 30 Customer Service Centers and employs over 12,000 employees.

EQS-News: AURELIUS acquires global market leader LSG Group from Lufthansa

Retrieved on: 
Saturday, April 15, 2023

Luxembourg/Munich, April 5, 2023 – AURELIUS announces the acquisition of the LSG Group International from Deutsche Lufthansa AG.

Key Points: 
  • Luxembourg/Munich, April 5, 2023 – AURELIUS announces the acquisition of the LSG Group International from Deutsche Lufthansa AG.
  • “This acquisition underlines AURELIUS´ position as a market leader for delivering very complex corporate carve-outs on a global scale.
  • “We are pleased to have found the right investor for the LSG Group going forward that also has the full support of the LSG Group management.
  • AURELIUS will seek to use its experience as a market leader for corporate carve-outs to support the smooth transition of the LSG Group from being a Lufthansa subsidiary to becoming a thriving standalone business.

UNITE HERE Local 11 & Coalition of Environmental Organizations Call on American Airlines to Protect the Environment

Retrieved on: 
Thursday, September 29, 2022

UNITE HERE Local 11, the airline catering workers union, joined by a coalition of environmental organizations, held a press conference at Los Angeles International Airport Terminal 4 Wednesday, where LSG Sky Chefs largest client, American Airlines, operates.

Key Points: 
  • UNITE HERE Local 11, the airline catering workers union, joined by a coalition of environmental organizations, held a press conference at Los Angeles International Airport Terminal 4 Wednesday, where LSG Sky Chefs largest client, American Airlines, operates.
  • Economic and environmental justice are inseparable, said Robin Rodrguez of UNITE HERE Local 11.
  • Beyond Plastics joins Local 11 in calling on American to stop using single-use plastics, said Judith Enck, President of Beyond Plastics.
  • LSG Sky Chefs and American Airlines must commit to not supplying single use plastics on airlines from cutlery to blankets covered in plastics.

Cuisine Solutions and LSG Group Form Strategic Alliance to Create the Future of Catering

Retrieved on: 
Tuesday, June 14, 2022

Cuisine Solutions and CREA, the company's education, consulting and innovation arm, is forming a strategic alliance with LSG Group to jointly develop new concepts for airline catering, as well as explore opportunities to use the LSG Sky Chefs catering network for other food-commerce models.

Key Points: 
  • Cuisine Solutions and CREA, the company's education, consulting and innovation arm, is forming a strategic alliance with LSG Group to jointly develop new concepts for airline catering, as well as explore opportunities to use the LSG Sky Chefs catering network for other food-commerce models.
  • This will allow the LSG Group to create innovative concepts for its core customers in these industries using Cuisine Solutions' high-quality sous-vide products.
  • Cuisine Solutions President and CEO Felipe Hasselmanncommented of the strategic partnership, "We are delighted to develop such a strong worldwide alliance with LSG Group.
  • About LSG Group and LSG Sky Chefs:
    The LSG Group is the quality and technology leader in airline catering and related markets.

Global Inflight Catering Market - Growth at a CAGR of 5.7% Forecasted Between 2021 and 2026 - ResearchAndMarkets.com

Retrieved on: 
Monday, June 14, 2021

The "Inflight Catering Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Inflight Catering Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
  • The airlines are expected to record potential losses amounting to USD 289 million to 387 billion in gross operating revenues.
  • Asia-Pacific is a vast inflight catering market in terms of culinary habits, and passengers from different regions vary in their culinary preferences.
  • Gate Gourmet, LSG Sky Chefs, and SATS are some of the leading companies in the inflight catering market.

Latin America Inflight Catering Market Report 2020-2025 Featuring GCG Catering, Gate Gourmet, LSG Sky Chefs, Air Culinaire Worldwide, and Newrest Group - ResearchAndMarkets.com

Retrieved on: 
Monday, September 14, 2020

The "Latin America Inflight Catering Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Latin America Inflight Catering Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
  • In 2019, the Latin American passenger traffic was over 300 million, wherein domestic carriers accounted for approximately 76% of the passenger traffic.
  • The factors mentioned above are anticipated to have a similarly profound impact on the Latin America inflight catering market.
  • GCG Catering, Gate Gourmet, LSG Sky Chefs, Air Culinaire Worldwide, LLC., and Newrest Group are some of the prominent players in the market.