Acquisition news
News stories: 1 - 3 of 3
Hyatt acquires Miraval as wellness hospitality moves into the spotlight
by Jane Kitchen | 18 Jan 2017
In a move that illustrates the explosive growth of wellness tourism, Hyatt Hotels has acquired wellness resort provider Miraval Group for US$215m (€201m, £175m) from an affiliate of KSL Capital Partners. The deal includes Miraval’s flagship property in Tucson, Arizona, as well as the Miraval Life in Balance Spa brand; Hyatt will also continue Miraval’s plans to redevelop the recently acquired 220-acre Travaasa Resort in Austin, Texas and pursue the
Forrec expands landscape architecture portfolio with Toronto studio acquisition
by Kim Megson | 04 May 2016
Global entertainment designers Forrec have acquired Toronto-based Scott Torrance Landscape Architects as part of a strategic expansion of their portfolio. The practice – who create theme parks, water parks, resorts, mixed-use destinations and visitor attractions for brands such as Universal Studios, Legoland and BBC Worldwide – said the move reflects their drive to “help lead the next wave of landscape architecture design and build on our roots of offering Toronto
Global management consultancy McKinsey grows its design expertise with acquisition of Lunar
by Kate Corney | 18 May 2015
US design firm Lunar is aiming to launch its design expertise into new spheres following its acquisition by global management consultancy McKinsey & Company. The California-based firm, which offers full-service product development and has created designs for Apple, Cisco Systems, Nike, Tera, and BodyMedia to name a few, says the move to join giant consultancy McKinsey will ‘turbocharge’ its mission. Lunar president John Edson says its clients will benefit from
News stories: 1 - 3 of 3
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