Hotel and restaurant chain Royal Ravintolat prepares to grow in the Helsinki Metropolitan Area
Finnish private equity company Intera Partners is investing in the largest privately held hotel and restaurant group in Finland, Royal Ravintolat Oy. The current owners, the Saari and Hynninen families, will remain significant minority owners after the transaction, which is being undertaken to prepare Royal Ravintolat Oy for expansion and a changing market situation in the metropolitan area.The hotel and restaurant industry in the Helsinki area is expected to grow despite the economic uncertainty of the near future. The €1.2 billion hotel and restaurant market in the metropolitan area is