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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23.10.2014

Helsinki Congress Centre Paasitorni- Full service venue completed

The Meripaviljonki restaurant, opening for business in April 2015, will complete the full service package of Paasitorni congress centre.

The Meripaviljonki floating restaurant, to be built as an addition to a cultural treasure – the Paasitorni
congress centre – is a demonstration of Finnish ingenuity: the architectural design, other designers, three
contractors and the restaurateur realising this globally unique project are all Finnish. What is more, the
practical construction work is 90% Finnish.
Meripaviljonki’s modern architecture will bring a light touch to the impressive granite construction alongside
it. The building’s shape and glass walls will allow customers to enjoy the surrounding scenery and natural
light from morning till night.

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15.10.2014

The 10th ITS European Congress exceeded all expectations

The 10th ITS European Congress for intelligent transport systems and services was held in Finland for the first time on 16–19 June 2014.

The event attracted approximately 2,400 decision makers, engineers, researchers and other experts from over 60 countries to Messukeskus Helsinki, Expo and Convention Centre. The exhibition held at the same time included 80 exhibitors. The four seminar days offered 13 simultaneous seminars.

According to the organiser, Helsinki as a destination attracted new participants who came to visit Finland for the first time. Messukeskus Helsinki was perceived as a well-functioning, flexible and modern venue with highly professional staff.

“Organising a congress at Messukeskus Helsinki was a very positive experience. The team was helpful, professional and easy to work with. They will go to extremes to get everything running smoothly”, states Congress Manager Céline Nieuwenhuys from MCI – the global event management company responsible for the event.
The ITS European Congress for intelligent transport systems and services is organised by Ertigo-ITS Europe in cooperation with the European Commission. ITS Finland, the Ministry of Transport and Communications and the City of Helsinki acted as the hosts of the event. The arrangements for the congress were carried out by MCI.

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