Announced
Synopsis
PAI Partners, a private equity firm, agreed to acquire 80% stake in Motel One, a German hotel chain, for €2.8bn. “I am delighted to welcome PAI as a strategic partner with extensive expertise in the hospitality industry. Together, we will further accelerate the international expansion of Motel One. We look forward to partnering with PAI as we embark on the next chapter in our exciting growth story.” Dieter Müller, Motel One Founder & Chairman.
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