September FREE! 2016
€41.2M LYNGS LEAVE ANFI BEHIND As we were going to press news broke of the Lyng family having sold their stake in timeshare operator Anfi which was later confirmed by the Lopesan Group. The company, Anfi Invest AS, has been acquired for €41.2 million as part of an agreement signed in the Norwegian city of Trondheim representing a 50% shareholding in the Gran Canaria based Anfi group of companies. The IFA Hotel chain, has acquired all of the shares in Anfi Invest AS, through its local subsidiary IFA Canarias, SL.
The historic agreement agreed a total purchase price of €41.2 million. Making IFA and Santana Cazorla Anfi co-owners. Anfi Invest AS, owns, among several other assets, 50% of Anfi Resort, S.L. and Anfi Sales, S.L., operating in Mogán, Gran Canaria, the resorts “Anfi del Mar” and “Anfi Tauro”. Boasting nearly 1,000 holiday apartments, Anfi is said to be the leading European timeshare management group, although they pointedly prefer the term “Vacation Membership” to the negative connections to timeshare.