KLM and gategroup reach agreement on proposed acquisition of KLM Catering Services
KLM and gategroup have reached an agreement on the proposed acquisition of KLM Catering Services (KCS) by gategroup. Upon completion of the transaction, gategroup will hold a 75% stake in KCS, while KLM will retain a 25% interest. Agreement reached: gategroup will acquire a 75% stake in KLM Catering Services (KCS), while KLM retains 25% ownership. Strategic purpose: Part of KLM’s “Back on Track” improvement program, aimed at strengthening inflight catering and preparing KCS for the future. Focus areas: Employment practices, personalized catering, sustainability, and operational efficiency. Leadership remarks: - KLM CFO Bas Brouns emphasized that jobs at KCS will not be impacted and that KLM will remain closely involved in onboard catering. - Herman Anbeek, President Europe at gategroup, highlighted plans to build a new facility at Schiphol with advanced technology and high environmental standards. Next steps: The acquisition is subject to consultation with KCS and KLM works councils, and regulatory approval. About KCS: Over 80 years of inflight catering experience, 1,300+ employees, preparing ~55,000 meals daily for 350 flights, supported by 82 catering trucks. This move positions KLM Catering Services to benefit from gategroup’s global expertise while ensuring KLM maintains influence over passenger service quality.
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