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.

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10.12.2014

Happy Holiday Season!

Merry Christmas and  Happy New Year 2015!

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3.12.2014

Aalto University expects Nobel prize winners to attend ICDS-2015

Professor Filip Tuomisto and his team from Department of Applied Physics at Aalto University are organizing the 28th International Conference on Defects in Semiconductors 27-31 July 2015 at Otaniemi campus.

The 2014 Nobel Prize in Physics was hit just in this research area – semiconductor materials physics and technology. Confirmed keynote speakers include Sir Colin Humphreys (Cambridge, UK) and Professor David Awschalom (University of Chicago, USA). “In addition, I expect one of the recent Nobel Prize-winning scientists to attend next year’s conference in Espoo as I know them personally. We are the only University in Finland collaborating with their research groups,” says Filip Tuomisto.

The conference is held every two year and it attracts typically 250 to 300 participants from all over the world, especially from Japan, Europe and the United States. The selection of the host for 2015 took place in tuff competition between China, the USA and Finland – Espoo won a close vote.

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