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Tag: Scandic Hotels

Scandinavian Consortium Seals €1.4 Billion Dalata Hotel Group Acquisition, Boosting Scandic's UK and Ireland Reach
Derek Falcone 16 July 2025 0 Comments

Scandinavian Consortium Seals €1.4 Billion Dalata Hotel Group Acquisition, Boosting Scandic's UK and Ireland Reach

A Nordic syndicate including Pandox, Eiendomsspar, and Scandic Hotels has clinched a €1.4 billion deal for Dalata Hotel Group. The move, offering shareholders a 35.5% premium, separates hotel operations from real estate, adding 12,000 rooms to Scandic's portfolio across Ireland and the UK, and is expected to close by late 2026.

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