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.
