Opens in a new tab
TODAY in Ibiza and Formentera
function updateHeaderHeight() {
        // Get the height of #brx-header
        const headerHeight = document.querySelector('#brx-header').offsetHeight;
          
        // Store the height in the CSS custom property --header-height
        document.documentElement.style.setProperty('--brxw-header-height', headerHeight + 'px');
    }

    // Execute the function as soon as the document is ready
    document.addEventListener('DOMContentLoaded', function() {
        updateHeaderHeight();  // Initial update of header height when the document is ready

        // Update the header height on window resize and orientation change
        window.addEventListener('resize', updateHeaderHeight);
        window.addEventListener('orientationchange', updateHeaderHeight);
});

The new owner of Pacha Hotels and Clubs: “Stay tuned for an exciting future!”

César Navarro

Modified: Wednesday, April 01 2026, 9.50am

The Pacha Group, previously sold to Trilantic Capital Partners in 2017, discreetly sold part of its assets last year. Kabir Mulchandani of FIVE Global Holdings recently announced the purchase of Pacha’s hotel and nightlife assets for $322 million (€303 million). Trilantic will retain Lío de Marina Ibiza and its other locations. The Pacha Hotel, earlier bought by the Reuben brothers, was also part of this sale. After receiving €18 million in COVID-19 aid from the Spanish Government in 2021, the Pacha Group plans to repay this amount following the sale. For the full article, please visit Diario de Ibiza website here.