Pandox and Eiendomsspar Offer €1.4 Billion for Dalata, Ireland’s Largest Hotel Chain, at 49.7% Share Premium

A consortium comprising Scandinavian firms Pandox and Eiendomsspar has made a firm offer of €1.4 billion to acquire Dalata Hotel Group, Ireland's largest hotel chain. The bid values Dalata at €6.45 per share, representing a 49.7% premium over its weighted average share price in the 12 months to March 2025. Dalata's board intends to recommend the offer unanimously. The acquisition includes Dalata's portfolio of hotels, such as Clayton and Maldron, which operate venues in Northern Ireland. The deal reflects the consortium's strategic interest in expanding their presence in the Irish and UK hospitality markets. The transaction is valued at approximately £1.2 billion. Details on the implications for Dalata’s major investors, including a Saudi group, have been disclosed but not elaborated upon in this report.