Ilunion: Expands with Second Mallorca Hotel Acquisition
Deal News | Jun 23, 2025 | Finance Community ES 2 - Corporate M&A
Ilunion Hotels, in its strategic move to strengthen its presence in the Balearic Islands, has acquired the Ilunion Palmanova Mallorca hotel, marking its second hotel in the region. CBRE, leveraging its experience in strategic consulting, provided financial and ESG advisory for the transaction. This acquisition is aligned with Ilunion's Strategic Plan 2024-2027 to expand its hotel network across key destinations. The advisory team was led by Rafael Bou Cobo, specializing in investment strategy for living and hospitality, and Leyre Echevarria Icaza on ESG and sustainability.
Sectors
- Hospitality
- Real Estate Consultancy
Geography
- Spain – The acquisition involves a hotel in Mallorca, Spain, highlighting the geographic focus of the transaction in the Spanish hospitality market.
Industry
- Hospitality – The article discusses Ilunion Hotels' acquisition of a new hotel property, which is a significant event in the hospitality sector as it expands its network.
- Real Estate Consultancy – CBRE's role in advising on the acquisition highlights the real estate consultancy aspect involved in the transaction.
Financials
- Not Disclosed – The financial terms of the acquisition were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ilunion Hotels | Target Company | Company | Ilunion Hotels is expanding its presence in Mallorca with the acquisition of the Ilunion Palmanova Mallorca hotel. |
| CBRE | Advisor | Company | CBRE provided financial and ESG advisory services for the acquisition. |
| Rafael Bou Cobo | Senior Director of Investment Strategy for Living & Hospitality | Person | Led the financial advisory for the acquisition of the Ilunion Palmanova Mallorca hotel. |
| Leyre Echevarria Icaza | Director of ESG and Sustainability CBRE Spain | Person | Led the ESG advisory during the acquisition. |