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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