Steiner news
News stories: 1 - 3 of 3
Steiner Leisure to enter merger with private equity firm for US$925m
by Helen Andrews | 25 Aug 2015
Steiner Leisure has signed a definitive merger agreement under which an affiliate of private equity firm Catterton will acquire all of the outstanding shares of Steiner for US$65 (€56, £41) per share in cash. The total transaction value, including assumed net debt, is approximately US$925m (€799m, £599m). Steiner Leisure’s board of directors unanimously approved the merger on the recommendation of a special committee, comprised entirely of independent directors. The committee
Jeff Matthews of Steiner Spa Consulting reveals designs of future spa projects
by Helen Andrews | 06 Mar 2015
Steiner Spa Consulting president Jeff Matthews has revealed the company's concepts and designs for a burgeoning pipeline of projects in the Indian Ocean and Middle East through to 2017, in an exclusive conversation with Spa Opportunities. Steiner has been chosen to refurbish and rebrand a spa in the North Ari Atoll of the Maldives at four-star hotel Chaaya Reef Ellaidhoo – operated by Cinnamon Hotels and Resorts, a subsidiary of
Steiner to operate Tropicana Las Vegas spa
by Pete Hayman | 28 Jan 2011
Steiner Leisure is to be the exclusive operator of a new spa facility that is set to open at the refurbished Tropicana Las Vegas Hotel and Casino in Nevada, US. The operator has secured a 10-year agreement from the opening date of the facility, with an option to renew the deal for two five-year periods. Located on the Las Vegas Strip, the Tropicana is currently undergoing a major US180m (£112.8m)
News stories: 1 - 3 of 3
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company profile
The company’s core business is the provision of facility development and support for local authorities, educational establishments and leisure trusts that want to improve or expand the leisure products and services they offer.
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