Announced

Lifespot Capital to acquire Munich Hotel Partners for €59m.

Synopsis

Lifespot Capital, a technology and solutions provider in the field of eHealth, agreed to acquire Munich Hotel Partners, a German hotel investment and hotel management platform, for €59m ($72m). MHP group has established itself in the acquisition of existing upper-upmarket hotels. MHP currently operates four Le Méridien brand hotels in Hamburg, Stuttgart, Munich and Vienna, as well as the Sheraton Düsseldorf Airport Hotel.

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