MHRIL’s Holiday Club Resorts Oy acquires KKOSS in Finland

Mahindra Holidays & Resorts India Ltd (MHRIL) stated it has acquired a 100 per cent stake in Keskinainen kiinteisto Oy Salla Star (KKOSS) for ₹2.34 crore through its wholly owned subsidiary Holiday Club Resorts Oy (HCR) in Finland.

The company stated KKOSS is a Finnish mutual real estate company (MREC) and its line of business is to own and manage the land plot and premises of the building, which is located on the said land plot.

“The acquisition concerns the entire share capital of KKOSS. The shares entitle the shareholder to control the premises managed by KKOSS. KKOSS owns the land on which the building controlled by the shareholder is located. HCR has been leasing the premises of the building is managed by KKOSS, and as part of the agreement executed in the year 2012, HCR has to now acquire the entire shares of KKOSS,” the company informed the stock exchanges.

The company stated that the acquisition was completed on July 03, 2025, for a cash consideration of ₹2,34,73,220.

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Published on July 3, 2025