> Alpha Holding Company and the International Holding Company have acquired new assets owned by Morban. This transaction included Cheval Blanc Randheli Resort in Maldives and International Hospitality Union , Specialized in facilities management.
According to Arab Net, under this transaction, the value of the total assets acquired by alpha Holding from Morban rose to 2.5 billion dirhams after its previous announcement of a deal and reached 1.7 billion dirhams, which alpha has acquired a group of assets St. Regis Resort has included Saadiyat Island, Luxury Collection Resorts, and Lu Loire Cafe brand.
Hamad Al Ameri, Executive Director and Managing Director of Alpha Dhabi Holding Company, promoted the recent acquisition package for Alpha Dhabi Hospitality Investment Unit, and acquisition of the International Hospitality Union, the company specialized in managing outstanding facilities and has a broad base from distinguished customers , We will strengthen our presence and will make our portfolio more complete and diverse across different sectors and will provide new growth opportunities from our outstanding place under the umbrella of the International Holding Company.
Cheval Blanc Randheli, 2013, is the second subsidiary of the LVM Group following the founding of the famous Cheval Blanc Courchevel in France. At the time of the alpine, the alpine is a debate for the Maldives, the LVM Group has succeeded in providing a distinctive tropical atmosphere within the resort, ideally with the cruel surrounding environment.
This resort is the latest huge acquisition deals carried out by Alpha Dhabi.
Alpha Holding has more than 40,000 employees and is involved in developing a wide range of projects, including multi-usage and highway properties, residential complexes, and infrastructure.
