11.2.2014

CapMan invests in Kämp Group – the leading luxury and lifestyle hotel chain in Finland

Funds managed by CapMan have made an agreement to acquire a majority holding in Kämp Group, a Finnish hotel chain known for the distinguished Hotel Kämp, located in the Helsinki city centre, and the modern lifestyle hotel chain GLO Hotels. The objective of the transaction is to expand the group’s operations and further strengthen its position as the leading luxury and lifestyle hotel chain in Finland.
Hotel Kämp and GLO Hotels are market leaders in their own segments in Finland. Established in 1887, the internationally renowned Hotel Kämp is today a five-star luxury hotel with a unique market position in Finland, and an important landmark in the Helsinki city centre. GLO Hotels in turn is the only lifestyle hotel chain in the country, with four popular hotels located in the centre of Helsinki, at the Helsinki Airport and in the Sello shopping centre in Espoo. In addition to hotels, Kämp Group includes four restaurants and Kämp Spa. The Group employs around 400 people and its targeted turnover for 2014 is around EUR 45 million.
”The outlook for hotel business is excellent in the Helsinki metropolitan region, as both business and leisure travel are on the rise. We plan to increase the number of hotels and focus on international sales, high service standards and top quality. The current owner of the Kämp Group, Berling Capital Oy – co-owned by Esa Karppinen, his wife and three children – will remain an important minority owner of the Group. We are happy about the opportunity to further develop this legendary institution in Helsinki,” says Ari Tolppanen, Senior Partner at CapMan Buyout, responsible for the investment.
“We are very glad that this hotel group built with true appreciation for its history will gain more operational scale through this transaction. Great staff and our own strong hotel brands Kämp and GLO provide an excellent platform for successful operations in the future,” adds Esa Karppinen, Chairman of the Board at Berling Capital Oy.

Read more

News

2.9.2015

Helsinki to host two major congresses

Helsinki has won two major congresses for the years 2017 and 2019. The congresses will be held at Messukeskus and Finlandia Hall.

The annual congress of the International Federation of Surveyors, FIG Working Week, will be organised in Helsinki in 2017 and The Federation of European Toxicologists & European Societies of Toxicology voted Helsinki as the host city of their congress in 2019.

Read More

Read more
28.8.2015

Professor of Nuclear Engineering awarded Espoo’s Congress Ambassador 2015

Engineering physics professor, Filip Tuomisto from Aalto University School of Science is chosen as EspooAmbassador 2015. EspooAmbassador operates as a congress ambassador of Espoo in Finland and abroad.

The award was presented 27th of August 2015 during the annual Espoo Ambassador event at Aalto University Design Factory. Professor Tuomisto is the 7th Congress Ambassador in Espoo.
The decision was based in Tuomisto’s active work in national and international scientific research groups and organizations. Professor Tuomisto has been involved in a number of program and organizing committees of international congresses, and thus have had a positive impact for the role of Espoo and Finland within the international scientific communities.

Read More

Read more
More News