Wistrand has advised Nordic Choice Hotels in connection with the acquisition of four hotels in Borås and Gothenburg from Svenska Stadshotell AB, comprising a total of 424 rooms. The acquired hotels are First Hotel Grand, Best Western Hotell Borås and Comfort Hotel Jazz in Borås and Best Western Hotell Göteborg located on Skeppsbron in central Göteborg.
Wistrand’s team consisted of Per Dalemo (partner in charge), Lars Gahnström, Hendrik Kangasmuukko and Amanda Samuelsson (M&A and real estate), Peter Brandt, Tomas Hecht and Rickard Jonason (tax).
PwC was the seller’s financial advisor. Gärde Wesslau advised the seller in legal matters through Ulf Öjerklint (partner in charge) assisted by Peter Algar.
Nordic Choice Hotels is one of the leading hotel groups in the Nordic countries, with more than 170 hotels and 12 500 employees in the Nordic countries and the Baltics. Nordic Choice Hotels markets the brands Comfort, Quality Hotel, Quality Resort, Clarion Collection, Clarion Hotel and ten independent hotels. Nordic Choice Hotels is owned by Petter A. Stordalen.
For further information:
Per Dalemo, partner
Tel: +46 708 77 56 73