Litorina IV, the main owner of Leo’s, and CapMan Special Situations I, the main owner of HopLop, have agreed on an ownership arrangement that will unite Leo’s Lekland and HopLop into Europe’s leading indoor playground group. Both parties will continue their ownership in the new combined group.
Leo’s and HopLop have the same objective; to create a meeting place for families where they can play, exercise and have fun. The combination will further strengthen the group operations and accelerate development and international growth. The HopLop chain continues to operate in Finland under the HopLop brand. “With the merger we enhance the foundations for expansion and successful operations”, says Lars Verneholt, Managing Partner at Litorina.
The new group will be Europe’s largest family focused activity and exercise company. It has a total of 68 parks in Finland, Sweden, Norway, Denmark and Germany.