Charterhouse and Indofin sell Landal GreenParks for $150m

Last week, Charterhouse Capital Partners and Indofin Group announced the sale of Dutch holiday park operator Landal GreenParks to Cendant Corporation, a US travel and real estate services company, for approximately $ 150m.

Deutsche Bank acted as exclusive financial adviser to Charterhouse and Indofin on this transaction.

The acquisition of Landal GreenParks will enhance Cendant´s global vacation rental portfolio to more than 50,000 properties in over 22 countries. In Europe, Cendant´s Vacation Rental Group will have a presence in Austria, Belgium, the Czech Republic, France, Germany, Holland, Italy, Scandinavia, Spain and the UK.

Source: Deutsche Bank

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