Leading global law firm Baker McKenzie, as Swiss counsel, has advised RRJ Capital on all transactional and acquisition financing aspects of its acquisition of all outstanding shares in gategroup Holding AG from HNA Aviation (Hong Kong) Air Catering Holding Co., Limited. The acquisition closed on April 3, 2019. As a result of the transaction, RRJ Capital is the sole shareholder of gategroup. Temasek remains invested in gategroup through a mandatory exchangeable bond.

RRJ Capital is an investment firm which focuses on long term private equity investments. RRJ manages approximately US$11 billion of funds, with portfolio companies in Asia, Australia, Europe and USA. RRJ is based in Singapore and Hong Kong.

Headquartered in Zurich, Switzerland, gategroup Holding AG is the world’s largest provider of airline catering, retail-on-board and hospitality products and services, serving more than 700 million passengers annually from over 200 operating units in 60 countries/territories across all continents.

Baker McKenzie advised RRJ Capital on all Swiss law related and certain other aspects of the transaction, including the structuring of the complex acquisition financing. The Baker McKenzie team comprised Dr. Matthias Courvoisier (M&A/Transactions), Dr. Philip Spoerlé (Corporate Finance), Andrea Bolliger (Tax), Dr. Philippe Monnier (Employment) and Jan Lusti (Corporate Finance).
 
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