Boho Group AB (publ) announced today that Mattias Kaneteg has sold a total of 2,000,000 shares in the company to Luxembourg Finance House (LFH), an international investment company founded by the Dutch real entrepreneur Frank Zweegers. LFH has extensive property investments around the world and a significant presence in the Marbella region.
The shares will be transferred to the special purpose vehicle (SPV) previously established by Mattias Kaneteg and Fernando Moreno. At the same time, Felix Ruiz Hernandez has announced that he also intends to transfer his holding in Boho Group to the SPV. The SPV will thus consist of four principal owners: Mattias Kaneteg, Fernando Moreno, Felix Ruiz Hernandez and Luxembourg Finance House (LFH).
Following the transaction, Mattias Kaneteg will remain the principal owner of the SPV and continue to be a major shareholder with significant influence over its strategic direction and long-term commitment to Boho Group.
Through this investment, SPV gains another strong, long-term player with deep experience in international property investment and hospitality-related projects, whilst further strengthening the ownership structure of the Boho Group.
Mattias Kaneteg comments:
“It is very positive to be able to welcome LFH into our ownership structure. They bring significant international experience and a long-term perspective to property investment, including in the Marbella region. Together, we will continue to build a strong ownership group with the ambition of supporting Boho Group’s continued development and long-term value creation.”