Eversheds Sutherland Guides Quantum's Sale to Avendra
Deal News | Jan 09, 2025 | Iberian Lawyer
Catalonia Hotels & Resorts has successfully divested its purchasing center, Quantum, to Avendra International, a subsidiary of the U.S.-based company Aramark. Eversheds Sutherland provided legal counsel on this transaction, which aligns with Catalonia's strategy of enhancing its international expansion following a successful year with €644 million in revenue and €240 million in operating profit. Sixto de la Calle Peral led the legal team, with assistance from colleagues for jurisdictional advisory in Mexico and the Dominican Republic.
Sectors
- Hospitality
- Legal Services
- Procurement Services
Geography
- Spain – Catalonia Hotels & Resorts is based in Spain, making this geography central to the transaction.
- United States – Avendra International, a subsidiary of U.S.-based Aramark, acquired Quantum, highlighting the involvement of a U.S. company.
- Mexico – Legal advisory services in Mexico were provided by Francisco Serra Campillo from RGR.
- Dominican Republic – Advisory services in this region were offered by Mara Alejandra Gomez Miranda from OMG.
Industry
- Hospitality – Catalonia Hotels & Resorts is a key player in the hospitality sector, and the sale of Quantum is a strategic move to bolster its international presence.
- Legal Services – Eversheds Sutherland provided legal advisory services for the transaction, showcasing its expertise in cross-border M&A transactions.
- Procurement Services – Quantum, as a purchasing center, falls under procurement services, and its acquisition by Avendra International represents a key industry transaction.
Financials
- 644 million euros – Catalonia Hotels & Resorts' revenue for the year.
- 240 million euros – Catalonia Hotels & Resorts' operating profit for the year.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Catalonia Hotels & Resorts | Selling Company | Company | A notable player in the hospitality industry, Catalonia sold its purchasing center, Quantum, to Avendra. |
| Quantum | Target Company | Company | A purchasing center sold to Avendra, facilitating Catalonia Hotels' strategic expansion. |
| Avendra International | Bidding Company | Company | A subsidiary of Aramark, Avendra acquired Quantum from Catalonia Hotels. |
| Aramark | Parent Company of Avendra | Company | A U.S.-based global provider of services, parent company to Avendra. |
| Eversheds Sutherland | Legal Advisor | Company | Provided M&A legal advisory services to Catalonia Hotels & Resorts for the sale of Quantum. |
| Sixto de la Calle Peral | Lead Partner | Person | Partner at Eversheds Sutherland leading the transaction. |
| Diego Muro Matoses | Legal Team Member | Person | Part of the legal team at Eversheds Sutherland. |
| Mercedes Olmedo Gonzlez | Legal Team Member | Person | Part of the legal team at Eversheds Sutherland. |
| Francisco Serra Campillo | Advisory in Mexico | Person | From RGR, provided legal services in Mexico. |
| Mara Alejandra Gmez Miranda | Advisory in Dominican Republic | Person | From OMG, provided legal services in the Dominican Republic. |
| RGR | Legal Advisor | Company | Provided advisory services in Mexico. |
| OMG | Legal Advisor | Company | Provided advisory services in the Dominican Republic. |