Grupo Hotelero Santa Fe, S.A.B. de C.V. (BMV:HOTEL *) and Apaca, S.A. de C.V. acquired Mahekal Beach Resort from from Banca Mifel, S.A., Institución de Banca Múltiple, Grupo Financiero Mifel and entities affiliated with Walton Street Capital, L.L.C. and CS MAYA, LLC for $56 million.
December 14, 2022
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Grupo Hotelero Santa Fe, S.A.B. de C.V. (BMV:HOTEL *) and Apaca, S.A. de C.V. entered into the acquisition agreement to acquire Mahekal Beach Resort from Banca Mifel, S.A., Institución de Banca Múltiple, Grupo Financiero Mifel and entities affiliated with Walton Street Capital, L.L.C. and CS MAYA, LLC for $56 million on September 7, 2022. The transaction will be financed from the resources contributed by their respective shareholders, part of which were obtained by GHSF through the Capital Increase, and resources obtained as a result of the BBVA Financing. The Mahekal Hotel will be operated by GHSF, directly or indirectly, under the “Mahekal Beach Resort®” brand, with the possibility that in the future it will be operated under another of the brands owned or operated by GHSF. The acquisition was approved by the Board of Directors of GHSF on June 28, 2022 and is subject to all the necessary government authorizations, including the authorization of the Federal Economic Competition Commission.
Grupo Hotelero Santa Fe, S.A.B. de C.V. (BMV:HOTEL *) and Apaca, S.A. de C.V. completed the acquisition of Mahekal Beach Resort from Banca Mifel, S.A., Institución de Banca Múltiple, Grupo Financiero Mifel and entities affiliated with Walton Street Capital, L.L.C. and CS MAYA, LLC on December 14, 2022.
Grupo Hotelero Santa Fe SAB de CV (Krystal Hotels) is a Mexico-based company specialized in the hotel services. The Companyâs activities comprise acquiring, developing and operating urban and beach hotels in Mexico. It operates through its own brands, such as Krystal Resorts, Krystal Grand, Krystal Beach and Krystal Urban, as well as through franchises and licensed brands, including Hilton, Hilton Resorts, Hilton Garden Inn and Hampton Inn. The properties are located in Acapulco, Guadalajara, Monterrey, and Cancun, among others. The Company collaborates with Grupo Chartwell, Nexxus Capital and Walton Street Capital.
Grupo Hotelero Santa Fe, S.A.B. de C.V. (BMV: HOTEL *) and Apaca, S.A. de C.V. acquired Mahekal Beach Resort from from Banca Mifel, S.A., Institución de Banca Múltiple, Grupo Financiero Mifel and entities affiliated with Walton Street Capital, L.L.C. and CS MAYA, LLC for $56 million.
GRUPO HOTELERO SANTA FE, S.A.B. DE C.V. 
