FAM AB acquires the Grand Group, including the Grand Hôtel real estate property
FAM AB has entered into an agreement with Patricia Industries, a part of Investor AB, to acquire the Grand Group, which includes the hotel businesses Grand Hôtel, Lydmar Hotel and The Sparrow Hotel, and the Grand Hôtel real estate property owned by Vectura, a subsidiary of Patricia Industries. The Grand Group, offering accommodation, food and beverage, spa, conference and event services, consists of Scandinavia's leading hotels – The Grand Hôtel, The Lydmar Hotel and The Sparrow Hotel, all located in beautiful surroundings in central Stockholm. The Grand Hôtel has been home to many