We have advised Katja Ikäheimo-Länkinen and Ilkka Länkinen, the owners of SantaPark Arctic World, on the company’s merger with Longship-backed Arctic Resort Company, bringing together two of the leading Arctic hospitality and destination groups in Finnish Lapland and Northern Norway.
SantaPark Arctic World has more than 25 years of experience developing distinctive Arctic hospitality and visitor experiences in Finnish Lapland, with a brand portfolio including Arctic TreeHouse Hotel, Rakas restaurant, SantaPark – Home Cavern of Santa Claus, Santa Claus Secret Forest – Joulukka, Lapland Luxury and Aino Private Island Hotel. Arctic Resort Company brings together hospitality, destination and experience businesses across Northern Norway, including Snowhotel Kirkenes, Sommarøy Arctic Hotel, Camp Tamok, Aurora Alps, Arctic Husky, and Destination Tromsø. Arctic Resort Company is backed by Longship, a Norwegian private equity investor.
The combined business has approximately €63m in annual revenue, around 350,000 annual visitors, and around 220 permanent and 700 seasonal employees across key locations in Rovaniemi, Tromsø and Kirkenes.
