Leading law firms in Germany, Hengeler Mueller and Freshfields Bruckhaus Deringer, have advised on One Hotels & Resorts’ acquisition of the shares it did not already own in the Motel One Group, a German hotel chain with locations across Europe.
The company is already the majority shareholder and is purchasing the remaining 35% stake held by private equity firm Proprium Capital, a spinoff from Morgan Stanley founded in 2013. Proprium bought the stake in 2019 for a confidential sum. The buyback is worth approximately €1.25 billion.
