Aurelius Is Said to Mull Sale of Ex-Lufthansa Catering Unit (1)

Private equity firm Aurelius is exploring a sale of LSG Group’s Asia Pacific airline catering business, people familiar with the matter said.

Aurelius is working with a financial adviser on the potential sale of the APAC assets, according to the people, who asked not to be identified because the deliberations are private. A transaction could value the unit at several hundred million dollars, some of the people said.

LSG was formerly owned by Deutsche Lufthansa AG.

Aurelius is sounding out interest from prospective buyers, the people said. It could opt to sell the APAC operations together or do a ...