Vinge Logotype
Svenska English 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Vinge advises Pandox AB publ in conjunction with MSEK 3700 financing for the acquisition of 18 hotel properties in Germany
Mandate

Vinge advises Pandox AB publ in conjunction with MSEK 3700 financing for the acquisition of 18 hotel properties in Germany

December 21, 2016

Vinge has advised Pandox AB (publ), acting as local counsel in the negotiations with the creditors regarding a MSEK 3,700 loan in connection with Pandox AB (publ)’s acquisition of 18 hotel properties in Germany.

The acquired hotel portfolio was expected to contribute approximately MSEK 150 in cash revenues in 2016. The hotels fall within the upper middle class segment and are primarily operated under the trademark Leonardo Hotels. The sellers are Leopard Group and Fattal Hotels.

The transaction is conditional upon approval from the salient German public authorities.

Vinge’s team consisted of Mikael Ståhl, Helena Håkansson, André Isacson and Isabelle Jengsell.

Related

Vinge advises Lagercrantz Group in connection with the acquisition of ORAX

 Lagercrantz Group has acquired all shares in AB ORAX, a leading provider of products for management and maintenance in the funeral and cemetery sector.
June 04, 2025

Vinge has advised Eleda in connection with its acquisition of Rail Solutions Scandinavia AB, Gridtec AB, Quantity Surveying Konsult Stockholm AB, Voene AB, Vägservice centralen i Norden AB and Frästech AB.

 Vinge has advised the leading infrastructure group Eleda in connection with its parallel acquisitions of Rail Solutions Scandinavia (railway maintenance), Gridtec (engineering consultancy in electric power), Quantity Surveying Konsult Stockholm (cost control and project management), Voene (traffic safety), Vägservice centralen i Norden and Frästech (road and bridge maintenance). The acquired businesses had a strong profitability with a combined turnover of approximately 200 MSEK in 2024.
June 04, 2025

Vinge has advised Bauer Media in connection with the integration of Bauer Media’s Zmarta Group into Axo

 Bauer Media Group became a minority shareholder in Axo.
June 04, 2025