Press release 18.5.2015
Kämp Group acquires 3 upscale hotels in Helsinki Kämp Group and Royal Restaurants have agreed on an acquisition where Kämp Group is acquiring Hotel Haven, Hotel Fabian and Hotel Lilla Roberts. The arrangement will further strengthen Kämp Group's position as the leading operator of luxury and lifestyle hotels in Helsinki. Post-acquisition Kämp Group will operate 9 hotels and their respective restaurants. Kämp Group’s annual revenue will increase to 65 million euros, the room capacity will increase to 1,200 rooms, and the staff number to over 400 people. Current expansion plans include Hotel Lilla Roberts opening in August 2015 and the 60 rooms’ addition to Hotel Haven in 2016. "Our goal is to be the forerunner in operating luxury and high-end hotels in Helsinki city center. We are excited to welcome three excellent hotels that fit perfectly into the Kämp Group’s portfolio" says Laura Tarkka, CEO of Kämp Group. The acquisition is continuation to Kämp Group's growth strategy of being the leader in luxury and lifestyle segment of the market. Aku Vikström, CEO of Royal Restaurants explains the sale of the hotels "Our goal for Royal Restaurants is to be the most passionate restaurant company adding to our restaurant cluster in Helsinki while expanding our presence country wide with new openings. I believe we can reach our goals better by focusing our resources and efforts in what we know best" Aku Vikström adds. As a part of the transaction the family company of the Saari and Hynninen families will acquire the F6-hotel project scheduled to open in the summer of 2016 with 68 rooms. Kämp Group is Finnish hotel group, which consists of Helsinki’s most reputable hotels and restaurants, and Kämp Spa. Kämp Group has approximately 350 employees and its 2014 turnover was approximately 50 million euros. Kämp Group’s most well-known hotel is Hotel Kämp, which was established in 1887. In addition to that also the luxury and design hotel Klaus K and the popular lifestyle hotel chain GLO are part of the group. Kämp Group is owned by CapMan managed funds, Berling Capital OY and Rake Oy and Kämp Group’s management. For more information, please visit:
www.kampgroup.fi, www.hotelkamp.fi, www.glohotels.fi, www.klauskhotel.com, www.kampspa.fi Royal Restaurants is Finland’s largest private enterprise in the restaurant field comprising of Royal Ravintolat Oy and Royal Konseptiravintolat Oy. Operations include 36 restaurants in 27 locations and Concept Restaurant’s 16 Hanko Sushi units around Finland. The group employs over 600 people in the Helsinki region and has a 2015 net sales target of approximately €80 million. In June 2015 the Concept Restaurants will open new Mexican concept to Kluuvi and Jumbo shopping centers and in autumn 2015 the first Pizzarium will be opened to Helsinki in addition to Turku Pizzarium.
Additional information: Laura Tarkka, CEO, Kämp Group Oy, +358 40 505 2193 Aku Vikström, CEO, Royal Ravintolat Oy, +358 50 524 9445