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Boyanov & Co and Schoenherr Advise on Aurelius Group Acquisition of Lufthansa’s Catering Operations in Bulgaria

Boyanov & Co and Schoenherr Advise on Aurelius Group Acquisition of Lufthansa’s Catering Operations in Bulgaria

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Boyanov & Co has advised the Aurelius Group on its acquisition of Lufthansa’s catering operations in Bulgaria. Schoenherr advised Lufthansa.

The LSG Group, registered as LSG Lufthansa Service Holding, is an aviation services company and a subsidiary of Deutsche Lufthansa. The airline carriers served by LSG included Lufthansa, Air New Zealand, American Airlines, Delta Air Lines, Asiana Airlines, Spirit Airlines, Swiss International Air Lines, United Airlines, Alaska Airlines, Korean Air, Finnair, and Emirates.

According to Boyanov & Co, “the Star Alliance carrier initially sold LSG Group’s European business activities to Gategroup in 2019 and then struck a preliminary agreement to sell the remainder of LSG to Aurelius in April this year. The sale, formally completed on October 31, comprises all the group’s classic catering activities along with its on-board retail and food commerce businesses. It includes a total of around 19,000 employees worldwide and 36 joint ventures across the globe.”

Furthermore, the firm reports that, “while retaining its name, the LSG Group (including the brands LSG Sky Chefs and Retail inMotion) now becomes a standalone company part of the investment portfolio of private equity company Aurelius Group.”

The Boyanov & Co team included Counsel Mihail Vishanin and Senior Associate Nedyalka Novakova.

The Schoenherr team included Attorney at Law Katerina Kaloyanova-Toshkova and Associate Gergana Roussinova-Ivanova.

Boyanov & Co. at a Glance

BOYANOV & Co. is renowned for its exceptional services and extensive experience in a wide array of industries. As a co-founder and initiator of the SEE Legal Group, the firm has significantly influenced the legal landscape in the region.
Established in 1990, BOYANOV & Co. has been instrumental in advising on numerous landmark transactions in Bulgaria, earning an unrivalled reputation both locally and internationally as the go-to law firm for multinational businesses.
The firm's market leadership is underpinned by the superior quality of its services, which are informed by years of experience in international transactions, a deep understanding of local, European, and international law, and the exceptional expertise of its professionals. The diverse industry experience provides the firm with unique insights and a comprehensive understanding of its clients' businesses and their respective markets, enabling it to transfer successful solutions across borders.
BOYANOV & Co. offers a broad spectrum of integrated services, with notable expertise in Mergers and Acquisitions (M&A), Restructuring, Banking & Finance, Energy & Natural Resources, Technology, Media, and Telecommunications (TMT), Intellectual Property, Competition, Real Estate and Infrastructure, Employment, and Dispute Resolution.

Firm website.

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