Frasers Hospitality buys leading hotel chain for €507 mln (UK)

Frasers Hospitality UK Holdings Limited, a wholly-owned subsidiary of Frasers Centrepoint Limited (FCL) completed the acquisition of Malmaison Hotel du Vin group (MHDV) of boutique lifestyle hotels for ₤363.4 mln (approx. €507 mln) from an affiliate of KSL Capital Partners, LLC.
MHDV owns two upscale boutique lifestyle brands – Malmaison and Hotel du Vin – comprising 29 boutique lifestyle hotels and 2,082 keys across 25 cities in the United Kingdom.
With the two new brands, the group’s platform comprises: Gold-standard serviced residences -Fraser Suites, Fraser Place and Fraser Residence; Modern lifestyle serviced residences through Modena by Fraser; Design-led Hotel residences Capri by Fraser and Boutique lifestyle hotels Malmaison and Hotel du Vin.
Source: Fraser Hospitality