Accor Acquires Citadelle Vauban with Reed Smith Guidance
Deal News | Mar 06, 2025 | Reed Smith
The Paris office of Reed Smith has provided legal counsel to Accor, a significant player in the hospitality industry, on the acquisition of Citadelle Vauban. Situated on Belle-Île, this acquisition was made from Keys REIM, a management company. The deal underscores Accor's strategic efforts to expand its portfolio, with Reed Smith playing a crucial advisory role. The acquisition is expected to enhance Accor's offerings in destination properties.
Sectors
- Hospitality
- Legal Services
- Real Estate Investment Management
Geography
- France – The acquisition involves the Paris office of Reed Smith and the Citadelle Vauban located on Belle-Île, France.
Industry
- Hospitality – The article involves Accor, a company operating in the hospitality sector with its expansion through acquisition.
- Legal Services – Reed Smith's involvement as a legal advisor highlights the role of legal services in M&A transactions.
- Real Estate Investment Management – The involvement of Keys REIM as the seller underscores the relevance of real estate investment management.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Accor | Acquirer | Company | A leading hospitality group involved in the acquisition of Citadelle Vauban. |
| Reed Smith | Legal Advisor | Company | An international law firm advising Accor on the acquisition. |
| Citadelle Vauban | Acquisition Target | Company | The asset located on Belle-Île, acquired by Accor. |
| Keys REIM | Vendor | Company | A management company selling Citadelle Vauban to Accor. |