PRK Partners represented Barceló, an international hotel chain and one of the ten strongest hotel brands in the world, in the sale of the most exclusive five-star hotel in Brno to the Czech Inn Hotels Group, which already operates 26 domestic hotels with over 7,000 beds.
The transaction, which was being negotiated for more than a year, involved not only the sale of the property by way of a share deal, but also the sale of part of the enterprise of the operating company. This made it an extremely challenging and complex transaction requiring the resolution of issues in many areas of law, including tax aspects. In these types of transactions, PRK Partners, being a full-service law firm, has the advantage of having experts in all areas of law, including tax advisors. Our advisory services included the preparation and organization of due diligence, negotiation and preparation of complete transaction documentation, settlement of intra-group liabilities, as well as advice on the issues of employment, corporate and tax law.
Partner Roman Pečenka was leading the large PRK Partners team in this transaction.
This transaction is part of the reinvestment strategy of Barceló Hotel Group, which is currently undergoing a significant and strong expansion process and is looking for investment opportunities for further growth in the Czech Republic (both acquisitions and leases).