© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - DLA Piper Advise Olayan’s and Mandarin Oriental’s Acquirers of Ritz Hotel (€130 million)
Posted 16th July 2015

DLA Piper Advise Olayan’s and Mandarin Oriental’s Acquirers of Ritz Hotel (€130 million)

DLA Piper Advise Olayan's and Mandarin Oriental's Acquirers of Ritz Hotel (€130 million)

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

DLA Piper Advise Olayan’s and Mandarin Oriental’s Acquirers of Ritz Hotel (€130 million)

DLA Piper Advise Olayan’s and Mandarin Oriental’s Grab of Ritz Hotel (€130 million)

View Biography

DLA Piper

Mandarin Oriental International Limited (‘Mandarin Oriental’) announced that it is to acquire the Hotel Ritz, Madrid (the ‘Hotel’) for €130 million (US$148 million) in a joint venture with The Olayan Group (‘Olayan’), a Saudi Arabian multinational group.

Mandarin Oriental and Olayan will each hold a 50% interest in the joint venture, which is purchasing all of the shares in the owning company, Hotel Ritz Madrid, S.A., from its existing shareholders, Belmond Spanish Holdings S.L.U. and Landis Inversiones, S.L..

Categories: Finance, M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
The Foundation of Value: Why Operational Excellence Remains the Most Important Asset for Business Leaders
Leadership
24/09/2025The Foundation of Value: Why Operational Excellence Remains the Most Important Asset for Business Leaders

In today’s rapidly changing business environment, operational excellence should be understood as more than a cost-cutting tool. By embedding strong operational practices, companies create value that persists through both booms and downturns.

Read Full PostRead - Eye Icon
Reset.LDN announces collaboration with WeWork in the capital
Leadership
25/11/2019Reset.LDN announces collaboration with WeWork in the capital

Corporate and lifestyle wellness organisation Reset LDN has announced a new collaboration with workspace provider WeWork. The team at Reset LDN will bring a full service, on-site wellness programme to the world’s largest WeWork at 10 York Road in London, whi

Read Full PostRead - Eye Icon
EEF Welcomes PM Announcement on Apprenticeship Funding
Finance
17/03/2015EEF Welcomes PM Announcement on Apprenticeship Funding

Commenting on the Prime Minister and Deputy Prime Minister's announcement to give employers control of apprenticeship funding

Read Full PostRead - Eye Icon
Why the Project Management Sector Needs a Shake-Up
Innovation
29/10/2024Why the Project Management Sector Needs a Shake-Up

Failing projects result in wasted resources, time and increased risk for companies. They negatively impact staff, customers and clients, costing businesses dearly.

Read Full PostRead - Eye Icon
Proven Pedal Power!
Strategy
14/10/2021Proven Pedal Power!

As the world looks for green solutions, local governments around the world have been investigating ways of making their communities more environmentally friendly. PBSC Urban Solutions is a Canadian innovation that has grown into an astonishing success which le

Read Full PostRead - Eye Icon
Tesco Mobile Partners with Crisis to Bring ‘Lifeline’ Of Connectivity to People Experiencing Homelessness in Great Britain
Strategy
26/08/2020Tesco Mobile Partners with Crisis to Bring ‘Lifeline’ Of Connectivity to People Experiencing Homelessness in Great Britain

Tesco Mobile has announced the start of an ambitious two-year partnership with Crisis with the aim of helping thousands of people experiencing homelessness across Britain to reconnect with society.

Read Full PostRead - Eye Icon
Truck Accident Statistics: Insights and Trends
News
13/11/2023Truck Accident Statistics: Insights and Trends

Tennessee has a significant number of truck accidents yearly due to its position as a major transportation hub. The state’s highways, including I-40, I-24, and I-75, are heavily traveled by commercial trucks, contributing to the frequency of truck accide

Read Full PostRead - Eye Icon
Currencies Direct Completes Successful Pilot of XRP for FX Payments
Finance
29/05/2018Currencies Direct Completes Successful Pilot of XRP for FX Payments

The FX provider has completed a successful trial of Ripple’s xRapid solution, which allows international money transfers to be made in seconds

Read Full PostRead - Eye Icon
Why MBO Is the Best ESOP Advisor for Business Owners Seeking a Tax-Efficient Exit
Innovation
26/03/2026Why MBO Is the Best ESOP Advisor for Business Owners Seeking a Tax-Efficient Exit

At a certain point, most business owners stop asking what their company is worth and start asking what they will actually keep. That shift tends to happen quietly, often after years of growth, reinvestment, and building something that feels bigger than a balan



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow