From fifth to second place in market ranking
When GPEF II entered GHT catering in August 2010, it ranked fifth on the Czech market in this sector. GPEF II acquired 92% of the company and an experienced team of three managers was appointed – the CEO, CFO and COO with previous experience from an international catering company. The three managers also acquired a total 8% share in the company.
Immediately after the entry of the new investor, the management together with GPEF II selected an add-on investment and set up an ambitious growth plan. Three months after the entry of GPEF II, the company acquired Multicatering – a company that specialised in hospital catering.
GTH has been successful in concluding numerous new contracts and continued to grow. Due to its size and coverage of the entire country, it belongs among the largest catering services providers in the Czech Republic. In 2015, GTH catering became the second largest player on the Czech market in terms of turnover.