Leonardo to acquire Zien Group with 12 hotels in the Netherlands
Categories: Corporate and M&A
Leonardo Hotels has agreed to buy Zien Group and 12 hotels in the Netherlands from affiliates of KSL Capital Partners and its partner Garden Capital Group.
The acquisition will expand Leonardo Hotels’ portfolio to 28 hotels in the Benelux region.
Founded in 2006, Leonardo is the European arm of the Fattal Hotel Group, Israel’s largest hospitality organization.
Freshfields Bruckhaus Deringer acted for Leonardo Hotels, while Latham & Watkins and De Brauw Blackstone Westbroek
advised KSL Capital Partners Garden Capital Group was advised by CMS.