The transaction marks the exit of LSG APAC, which was acquired as part of the broader carve-out of LSG Group from Deutsche Lufthansa, and has since been transformed into an independent regional platform. 'The investment in LSG APAC as part of the wider LSG Group, including LSG Sky Chefs, has been a great success for AURELIUS. I am proud of what was achieved in such a short timeframe. Executing a full carve-out from Lufthansa across multiple jurisdictions while simultaneously managing a post-pandemic recovery is no mean feat, and all parties involved delivered at the highest level,' said Fabian Steger, Managing Director at AURELIUS Funds IV and V. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today.
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