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CMS Hasche Sigle advises Spanish hotel group Sol Meliá on acquisition of hotel chain InnSide

08/11/2007


The Spanish hotel group Sol Meliá acquires hotel chain InnSide which operates more than twelve 4 and 5 star hotels in Berlin, Dresden, Duesseldorf, Frankfurt, Munich and Vienna. In the first six months of 2007 InnSide achieved a turnover of EUR 16.1 million. After acquiring this portfolio Sol Miliá now owns a total of 28 hotels in Germany.

Sol Meliá is the third largest hotel chain in Europe In the field of holiday hotels the company is a world leader and operates over 400 hotels with 85,000 rooms in 30 countries on 4 continents. Meliá Hotels & Resorts, ME by Meliá, TRYP Hotels, Sol Hotels, Paradisus Resorts and Sol Meliá Vacation Club belong to the hotel group. The group turnover for the first six months of 2007 was EÚR 635.7 million.

CMS has been advising Sol Meliá in Germany for over nine years.

Adviser Sol Meliá
CMS Hasche Sigle
Dr Jörg Zätzsch (Corporate/Lead Partner)
Dr Andreas Otto (Real Estate, Spanish Desk)
Dr Wolf-Georg Freiherr von Rechenberg(Tax)
Dr Joachim Natterer (Corporate)
Dr Michael Bauer (Competition)
Dr Marion Bernhardt (Employment)
Prof. Dr Winfried Bullinger (Copyright)
Dr Nicolai Ritter (Real Estate)
Thomas Gerdel (Tax)
Dr Thomas Barthel (Employment)
Dr Sabine Korthaus (Copyright)

Legal Department Sol Meliá
Antonio Sierra
María Zarraluqui

Contact CMS Hasche Sigle:

Dr Jörg Zätzsch
Tel.: +49 (0) 30 / 203 60-2701
E-mail: Joerg.Zaetzsch@cms-hs.com

Dr Andreas Otto
Tel.: +49 (0) 30/ 203 60-1506
E-mail: Andreas.Otto@cms-hs.com

About CMS Hasche Sigle:

CMS Hasche Sigle is one of the leading German law firms with more than 500 lawyers. It covers the entire area of commercial law and provides legal advice to major German and international companies from a wide spectrum of industry. It has offices in Berlin, Cologne, Duesseldorf, Frankfurt, Hamburg, Leipzig, Munich, Stuttgart, Chemnitz, Dresden, Brussels, Belgrade, Moscow and Shanghai.

CMS Hasche Sigle is a partnership of lawyers and tax consultants; for register details / list of partners see www.cms-hs.com

CMS Hasche Sigle is a member of CMS, an alliance of leading independent European law firms. With over 595 partners, a total of 2,000 lawyers and tax consultants and around 4,200 support staff we advise our clients at commercial locations in 48 business centres in Europe and further afield on legal and tax issues.

In addition to CMS Hasche Sigle, the following firms are also members of the CMS alliance: CMS Adonnino Ascoli & Cavasola Scamoni (Italy), CMS Albiñana & Suárez de Lezo (Spain), CMS Bureau Francis Lefebvre (France), CMS Cameron McKenna LLP (Great Britain), CMS DeBacker (Belgium), CMS Derks Star Busmann (the Netherlands), CMS von Erlach Henrici (Switzerland) and CMS Reich-Rohrwig Hainz (Austria). CMS has 58 offices in 25 countries around the world.

For further information on CMS Hasche Sigle see www.cms-hs.com and on the CMS alliance see www.cmslegal.com.