Announced

Fattal-backed Leonardo Hotels to acquire Zien Group from KSL Capital.

Synopsis

Fattal-backed Leonardo Hotels, a hospitality company, agreed to acquire Zien Group, and its 12 hotels, from KSL Capital, a private equity firm. Financial terms were not disclosed. “We are excited to hand the reins of Zien Group to Fattal Group and Leonardo Hotels as a strategic long-term owner. We have long recognized the strength of the Netherlands hospitality market," Martin Edsinger, KSL Partner.

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