Deal Announcement Lapland Hotels acquires Haikon Kartano
Type of deal/project: Acquisition of shares
Sector: Leisure
Deal announcement date: 31.10.2023
PwC's role: Financial, tax and legal advisor
PwC is pleased to announce the completion of Project Manor - the acquisition of Vuoristo-yhtiöt Oy, the company operating Hotel Haikko Manor & Spa, and the real estate company Haikon Kartanon kiinteistöt Oy by Lapland Hotels Oy ("Lapland Hotels"). The PwC team acted as financial, tax and legal advisor to the buyer.
Our warmest congratulations to both parties.
Hotel Haikko Manor & Spa is Finland’s first manor hotel, which has been in operation since 1966. Haikko, which includes a manor, spa and congress hotel, is located on the shore of the Gulf of Finland in Porvoo, 50 km from Helsinki.
Lapland Hotels is Finland’s largest private hotel chain owned by North European Invest Oy. The Group also includes the Nordic countries’ largest experience service company Lapland Safaris. North European Invest Oy is owned by entrepreneur Pertti Yliniemi and his family.
“Haikko Manor is an excellently managed family business. The hotel has been made into a Finnish classic over the course of decades. It is a great honour for us to get to continue Haikko’s story and take the legacy of Veikko Vuoristo and his family forward,” says Yliniemi.
Our core team
The project was managed by Risto Mätäsaho. Our team included:
Financial advisors
Mikael Österlund
Risto Mätäsaho
Riikka Korhonen
Werner Ronkainen
Tax advisors
Kari Stenqvist
Joonas Järvenpää
Fanny Granbohm
Legal advisors
Tero Malmivaara
Johanna Ylianunti
Noora Silventoinen
Vilma Tuononen
Saara Vahvaselkä
Leevi Lehtovaara
Lauri Hatunen
Kari Stenqvist
