fwp has advised SORAVIA, one of the leading real estate groups in Austria and Germany, on the acquisition of interests in Loisium Holding GmbH. Closing took place on 2 December 2022.
SORAVIA and mDrei are pooling their know-how and hospitality activities in Xenios Hospitality Holding with the goal of enhancing the development of the renowned LOISIUM brand and investing in more locations. fwp has supported SORAVIA in the corporate-law and M&A aspects of the transaction. The fwp advisory team comprised fwp partner Markus Fellner and fwp attorney Peter Blaschke, and was supported by fwp associate Christoph Haberhauer (all Corporate/M&A). Anti-trust support and advice was provided by fwp partner Lukas Flener.
The acquisition of an interest in Loisium Holding is another milestone in SORAVIA's long-term growth strategy. LOISIUM is a young Austrian hotel group that understands how to create a harmonious symbiosis of wine, design, cuisine and spas. By the acquisition the real estate group is pursuing its aim of significantly expanding its hospitality portfolio by adding a strong, clearly positioned brand. By centrally pooling expertise SORAVIA wants to use unique synergies for current and future hotel projects and create an optimum infrastructure for expansion into attractive markets showing a high demand and a great future potential.
"We are pleased that we have, once again, successfully advised SORAVIA in a significant Corporate/M&A transaction", emphasises fwp attorney Peter Blaschke, who congratulates fwp's longstanding client on the expansion of its hospitality portfolio.
With this deal fwp has yet again proved its comprehensive know-how in complex Corporate/M&A transactions.