Gargallo Hotel Group completed the acquisition of Casa Lit Barcelona hotel from Stoneweg and Bain Capital.

Gargallo Hotel Group, a hotel industry, completed the acquisition of Casa Lit Barcelona hotel, from Stoneweg, a private equity firm, and Bain Capital, a private equity firm. Financial terms were not disclosed. "Very proud to have managed Casa Lit Barcelona and to have contributed to its success. The sale to Grupo Hoteleros Gargallo guarantees that the hotel will continue to offer an exceptional experience to its guests in the economic segment always under a management committed to quality," Miguel Casas, Stoneweg Hospitality General Manager.