Egeria completed the acquisition of a majority stake in NIBC-backed Fletcher Hotels.

Egeria, an independent Dutch investment company, completed the acquisition of a majority stake in Netherlands-based Fletcher Hotels, a hotel chain, from NIBC Investment Partners, the partner for management and shareholders of mid-sized companies, and Xead Group, a private equity investment firm based in Luxembourg. The transaction is subject to approval by ACM. Financial terms were not disclosed. “With Egeria we will have an entrepeneurial shareholder on our side who will help us to continue fulfilling our growth ambitions. Even last year Fletcher achieved growth, adding a further four hotels. Together with Egeria I’m looking forward to making our business even larger, healthier and more successful,” Rob Hermans, Fletcher Hotels CEO.