"Von der Heyden Group acquires further shares in IBB Hotels", The WIRE Commercial Real Estate News
Von der Heyden Group has become - via an additional purchase of shares - the 70% majority shareholder in IBB Hotels, a Spanish-origin hotel chain that has been successfully operating on the Spanish, Polish and German markets.
In 2001 Von der Heyden Group, a pan-European investor and developer, acquired 25.5% of IBB Hotels, followed by an increase to 40% in 2005, to 50% in 2007 and now to 70% in 2008.
