Feper's EUR 10M Sale of Orizont Predeal Hotel to Hotel New Montana
Deal News | Jan 14, 2025 | CEE Legal Matters
Danilescu, Hulub & Partners has advised Feper on the sale of the Orizont Predeal Hotel to Hotel New Montana. The deal, valued at over EUR 10 million, is pending regulatory approval. Feper, a Romanian manufacturer of metal clothing and structures, has sold the hotel to New Montana Hotels, part of the Alexandrion Group. The law firm Danilescu, Hulub & Partners was represented by Andreea Hulub, Monica Bianca Mitrica, and Andreea Anghel in the transaction.
Sectors
- Hospitality
- Legal Services
- Manufacturing
Geography
- Romania – The companies involved, Feper and Orizont Predeal Hotel, are based in Romania, which is the location of the transaction.
Industry
- Hospitality – The article pertains to the hotel industry, specifically the sale of a hotel property.
- Legal Services – Danilescu, Hulub & Partners, a legal firm, played a significant role in advising on the transaction.
- Manufacturing – Feper, the seller, is involved in the manufacturing industry as a producer of fine metal clothing and structures.
Financials
- EUR 10 million – The transaction value exceeded this amount.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Feper | Selling Company | Company | Feper is a Romanian manufacturer of fine metal clothing and structures. |
| Hotel New Montana | Bidding Company | Company | Hotel New Montana is part of the Alexandrion Group. |
| Danilescu, Hulub & Partners | Legal Advisor | Company | The law firm advising Feper on the sale. |
| Andreea Hulub | Partner | Person | A partner at Danilescu, Hulub & Partners involved in the transaction. |
| Monica Bianca Mitrica | Senior Associate | Person | Senior associate at Danilescu, Hulub & Partners involved in the transaction. |
| Andreea Anghel | Associate | Person | Associate at Danilescu, Hulub & Partners involved in the transaction. |