Pacha Group Acquired By FIVE: CEO Aloki Batra Reveals Plans For Ibiza Clubbing Institution Amid $330M Deal

Pacha Group Acquired By FIVE: CEO Aloki Batra Reveals Plans For Ibiza Clubbing Institution Amid $330M Deal

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One of Ibiza’s most fabled clubbing institutions is under new ownership. As was rumored this past summer, Pacha Group — which includes the Ibiza flagship club, two hotel island hotel properties and clubs in Barcelona and Munich — has been acquired by FIVE Holdings, the Dubai-based hospitality and…

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