Announced
Financials
Sources
Tags
Private
Finland
hotel operation
Single Bidder
hotels
Pending
Friendly
Hotels and Motels
Acquisition
Private Equity
Synopsis
Nordic Choice Hospitality Group, a leading operator of hotel chains across Finland acquires Kamp Collection Hotels, a prestigious chain of hotels from CapMan Buyout, a leading asset management firm. Financial terms were not disclosed. The deal includes Kamp and St. George, among the most expensive hotels in Helsinki. Employees of Kämp Collection Hotels will continue in their current positions. The deal is awaiting approval from the competition authorities. "With the new owner, we are all looking forward to providing our current and future guests with even more enjoyable experience in all of our hotels,” Laura Tarkka, Kamp Collection CEO.
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