Osborne Clarke Advised Dalata Hotel Group On €1.4 Billion Takeover By Scandinavian Consortium
Osborne Clarke advised Dalata Hotel Group on €1.4 billion takeover by Scandinavian consortium
Osborne Clarke advised on the recommended cash offer and c. €1.4 billion (£1.2 billion) takeover of Dalata Hotel Group PLC, Ireland’s largest hotel chain, by a Scandinavian consortium following Dalata’s Strategic Review and Formal Sales Process.
Dalata Hotel Group operates 56 hotels under the Clayton and Maldron brands and is under a binding offer with Pandox, a Swedish hotel operator, and Eiendomsspar, a Norwegian property company.
Osborne Clarke acted for long-standing client Dalata on:
- The real estate aspects of its English and Welsh properties,
- Related UK employment, pensions, and competition aspects,
- Real estate and employment matters in Germany and The Netherlands, working closely with Dalata’s international advisers throughout the process.
The Osborne Clarke team was led by Nick Simpson (Partner, Real Estate) with support from Sarah Beard (Legal Director, Real Estate) and Partners Danielle Kingdon (UK Employment), Heiko Petzold and Dr. David Plitt LL.M. (LSE) (Germany), and Bas Beenen and Jim Margry (The Netherlands).
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