M&A Deal Summary

Westmont Hospitality Group Acquires Sheraton Casablanca Hotel

On February 24, 2020, Westmont Hospitality Group acquired restaurant Sheraton Casablanca Hotel

Acquisition Highlights
  • This is Westmont Hospitality Group’s 1st transaction in the Restaurants sector.
  • This is Westmont Hospitality Group’s 1st transaction in Morocco.

M&A Deal Summary

Date 2020-02-24
Target Sheraton Casablanca Hotel
Sector Restaurants
Buyer(s) Westmont Hospitality Group
Deal Type Add-on Acquisition

Target

Sheraton Casablanca Hotel

Casablanca, Morocco
Sheraton Casablanca Hotel offers a unique opportunity to acquire the largest internationally branded hotel in Casablanca. Sheraton Casablanca Hotel was founded in 1989 and is based in Casablanca, Morocco.

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Buyer(S) 1

Buyer

Westmont Hospitality Group

Mississauga, Ontario, Canada

Category Company
Sector Restaurants
DESCRIPTION

Westmont Hospitality Group, Inc. is a privately held company owns and operates a chain of hotels in North America, Europe, and Asia.


DEAL STATS #
Overall 1 of 1
Sector: Restaurants M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Morocco M&A 1 of 1
Year: 2020 M&A 1 of 1