Eagle Hills Acquires Suncani Hvar from CPI Property Group in Strategic Hospitality Expansion

Deal News | Feb 20, 2025 | CEE Legal Matters

In a significant transaction within the Croatian real estate and hospitality sectors, Eagle Hills Croatia has acquired Suncani Hvar from CPI Property Group. Legal advisement was provided by Krehic Law and Hanzekovic & Partners for Eagle Hills Croatia and by Madirazza for CPI Property Group. This acquisition marks an important expansion for Eagle Hills Croatia into the hospitality industry. Krehic Law's team was led by Partner Tarja Krehic and Attorney at Law Katarina Fulir, while Madirazza's team was headed by Managing Partner Josip Madirazza, accompanied by Partners Tatjana Radmilovic and Marinka Kovacic.

Sectors

Real Estate Development
Hospitality
Legal Advisory

Geography

Croatia – Both Eagle Hills Croatia and Suncani Hvar are operating in Croatia, marking the significance of this transaction in the Croatian market.

Industry

Real Estate Development – Eagle Hills Croatia, a real estate development company, is expanding its portfolio with this acquisition.
Hospitality – Suncani Hvar operates within the hospitality sector, which is central to this transaction.
Legal Advisory – Legal firms Krehic Law, Hanzekovic & Partners, and Madirazza were involved in facilitating this transaction.

Financials

Participants

Name	Role	Type	Description
Eagle Hills Croatia	Acquirer	Companies	A real estate development company expanding into the hospitality sector.
Suncani Hvar	Target Company	Companies	A company operating in the hospitality sector acquired by Eagle Hills Croatia.
CPI Property Group	Selling Company	Companies	The vendor of Suncani Hvar in the transaction.
Krehic Law	Legal Advisor to Acquirer	Companies	Provided legal advice to Eagle Hills Croatia for the acquisition.
Hanzekovic & Partners	Legal Advisor to Acquirer	Companies	Reportedly advised Eagle Hills Croatia.
Madirazza	Legal Advisor to Seller	Companies	Advised CPI Property Group.