19
Mon, Apr
63 New Articles

KG Law Advises Alpha Bank on Financing Acquisition of Sbokos Hotel Group

KG Law Advises Alpha Bank on Financing Acquisition of Sbokos Hotel Group

Greece
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Kyriakides Georgopoulos has advised Alpha Bank on financing the acquisition of Golf Residencies SA, which owns and operates five luxury hotels and resorts formerly belonging to the Sbokos Hotel Group.

According to KG Law, “the seller, the Sbokos Group, was part of a big family with many shareholders, and after the transaction, two of them remained in the scheme of the buyers, while the others exited.”

The acquisition was led by the Vassilakis group in cooperation with several existing shareholders of the Group who retained both their stake and the management of the hotel operations.

The KG team was led by Partner Theodore Rakintzis and included Senior Associate Christina Chini and Associate Maria Karampotsiou.

Kyriakides Georgopoulos told us that the they were not permitted to disclose the identity of other law firms involved.