SATS completes sale of 49% stake in SERVAIR-SATS

It agreed to sell 509,600 ordinary shares in SERVAIR-SATS.

SATS Ltd. has announced that it has successfully completed the sale of its 49% stake in SERVAIR-SATS Holding Company Pte Ltd.

This follows the company's earlier announcement on 5 June 2025, in which it disclosed the signing of a sale and purchase agreement (SPA) with Gate Gourmet Switzerland Holding GmbH.

Under the agreement, SATS agreed to sell 509,600 ordinary shares in SERVAIR-SATS Holding Company—representing 49.0% of the issued and paid-up share capital of the entity—to Gate Gourmet.

The transaction has now been completed in accordance with the terms set out in the SPA.