Cerha Hempel, working alongside Osborne Clarke and Netherlands-based BarentsKrans, has advised the Borealis Hotel Group on its acquisition of the Bierwirth & Kluth group of companies' hotel portfolio. Hogan Lovells and Graf Patsch Taucher advised B&K.
According to Cerha Hempel, the acquisition (and acquisition financing) involved "12 hotel businesses in total, with approximately 3,000 rooms in Germany and Austria. In Austria, Borealis acquired the premium brand hotels Renaissance Wien, Courtyard Vienna Prater, and Moxy Vienna Airport."
"We’re excited to bring B&K into our group," commented Borealis Hotel Group CEO and founder Bart van de Kamp. "Together we hope to work towards our vision of bringing our unique hospitality experiences to more customers across the continent, establishing Borealis as a leading hotel group."
The Cerha Hempel team consisted of Partner Georg Konrad, Senior Associates Wolfgang Schreiner, Christian Aichinger, and Christopher Peitsch, and Associates Simona Dabeskovic and Isabella Patt.
The Graf Patsch Taucher team was led by Partner Wolfgang Graf and included Partner Alexander Patsch and Associates Julia Satala and Emre Erol.
The Germany-based Hogan Lovells team included Partners Matthias Jaletzke, Marc Werner, and Nikolai Sokolov, Senior Associates Alexandra Willm and Tamara Achtermann, and Associates Mike Schmidt and Paul Single.
The Germany-based Osborne Clarke team was led by Partners Heiko Petzold and Philipp Reeb.
