Source: TAP
- TAP Air Portugal approved the sale of its stake in Cateringpor.
The tender was awarded to the Swiss group Gate Gourmet, following the completion of the legal procedures, and was formalised earlier this week.
TAP SA launched a public tender for the sale of an indivisible block of 357,000 Cateringpor shares, with a nominal value of €5 each, representing 51% of the company’s share capital as of 30 December 2025.
The tender also set out the contractual terms for the provision of catering services by Cateringpor following the completion of this sale.
The sale of the stake in Cateringpor was one of the commitments set out in the company’s restructuring plan approved by the European Commission in 2021.