Capman acquires Kämp Group

Kämp Group's current owner Berling Capital will remain as a minority shareholder.

Capman will aim to expand the group's operational scale during its holding period by focusing on international sales and high service standards.

The GP was attracted by the growth prospects for the Finnish tourism industry. The number of tourists arriving from Russia and Asia has increased during the last 10 years, and this is expected to continue thanks to increased connecting flights to Asia from Helsinki Airport and the fast train connection from St Petersburg.

Company
Kämp Group includes Hotel Kämp, located in the Helsinki city centre. Established in 1887, Hotel Kämp is a five-star luxury hotel. The group also includes lifestyle hotel chain GLO Hotels.

Kämp Group also includes four restaurants and Kämp Spa. The group employs around 400 people and is targeting a turnover of €45m in 2014.

People
Capman senior partner Ari Tolppanen led the deal. Sebastian Schauman is an investment director at Capman. Esa Karppinen is chairman of the board at Berling.

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