Sun, Feb
48 New Articles

Buzescu Ca Advises Travelport on Acquisition


Travelport has acquired the assets of the Romanian subsidiary of Hotelzon as part of its global acquisition of the company.

Hotelzon, which is headquartered in the United Kingdom, has offices in Finland, Sweden, and Romania. The deal was announced on June 12, 2014, and the sale price was not disclosed.

Established in 1972 and previously owned by Esa Karppinen for 28 years, Hotelzon is a leading hotel distribution technology provider for the B2B market. Hotelzon offers services for corporate business travelers, hotels and travel professionals. It has approximately 80 employees. Travelport is a leading travel commerce marketplace providing distribution, technology, payment and other solutions. With a presence in over 170 countries and approximately 3,600 employees, it reported a 2013 net revenue of USD 2.1 billion.

According to industry sources, Travelport was advised on Romanian elements of the deal by the Buzescu Ca law firm.

Romanian Knowledge Partner

MPR Partners | Maravela, Popescu & Roman is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners | Maravela, Popescu & Roman covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Roman as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

More client feedback and further information on MPR Partners | Maravela, Popescu & Roman can be found at www.mprpartners.com.

All News about MPR Partners | Maravela, Popescu & Roman can be found here.


Our Latest Issue