New Pandox deal Scandic Restel approved
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New Pandox deal, Scandic/Restel approved

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Scandic acquires Restel

21.6.2017

Stockholm. Scandic Hotels Group has signed an agreement to acquire Restel's hotel operations in Finland. Through the acquisition, Scandic will strengthen its position as the leading hotel company in the Nordic countries and become the largest hotel operator in Finland.

Pandox and Louvre securing their presence

10.12.2015

Berlin. The euphoria of 2015 increases again in Germany towards the end of the year. The Scandinavian company Pandox has paid EUR 400 million for 18 Leonardo hotels. At the same time, Louvre Hotels Group has acquired the operating company and lease contracts in respect of 25 German Nordic Hotels.

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