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Constellation Hotels acquires Paddy McKillen interest in Maybourne Group (United Kingdom)

Constellation Hotels Group and Paddy McKillen announces that Constellation has also acquired the 36% equity interest held by Paddy McKillen in the Maybourne Group

Constellation Hotels acquires Paddy McKillen interest in Maybourne Group (United Kingdom)

Constellation Hotels Group and Paddy McKillen announces that Constellation has also acquired the 36% equity interest held by Paddy McKillen in the Maybourne Group

Category: Europe - United Kingdom - Industry economy - Group or hotel buyout
This is a press release selected by our editorial committee and published online for free on 2015-05-07

Constellation Hotels Group (a privately owned group) and Paddy McKillen are delighted to announce that Constellation has also acquired the 36% equity interest held by Paddy McKillen in the Maybourne Group (owner and operator of the Claridges, Connaught and Berkeley Hotels). According to an agreement between them, Paddy McKillen will continue to lead, direct and develop these assets.

Furthermore, Colony Capital will continue to assist the group in suitable growth opportunities.

We congratulate the Barclays on a successful investment and for allowing us to continue the stewardship of these iconic assets.

Constellation Hotels Group website

[Website of the company which publishes this press release]

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Colony Capital
2450 Broadway
CA 90404 Santa Monica
États-Unis
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