© 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
Most Dedicated Cultural NPO Funding Organization – USA
Corporate Social Responsibility
14/06/2022Most Dedicated Cultural NPO Funding Organization – USA

The arts are a powerful way to send a message – music, literature, theatre, fine-art, and more, are consumed by people daily. Puffin Foundation West is a non-profit funding organisation that supports cultural and artistic projects, such as prison choirs, dan

Read Full PostRead - Eye Icon
Ones to Watch in IP 2016 – Germany
Legal
31/07/2016Ones to Watch in IP 2016 – Germany

engel patentanwaltskanzlei (ep) are a highly renowned IP law firm, who work for creative and innovative people and enterprises in order to legally protect their intellectual performance results. We spoke to Christoph K. Engel, Patent Attorney, to find out how

Read Full PostRead - Eye Icon
Do it yourself: How self-service checkouts are saving companies cash
Innovation
01/02/2019Do it yourself: How self-service checkouts are saving companies cash

Advancements in technology have had an effect on the way we do our shopping on the high street, as we constantly look to find ways of making the experience as smooth as possible. With no sign of developments slowing down in the world of retail — we investiga

Read Full PostRead - Eye Icon
Americans Take Advantage of Lower Gas Prices to Pay off Debt
Finance
16/03/2015Americans Take Advantage of Lower Gas Prices to Pay off Debt

Despite lower gas prices and reduced unemployment, most Americans are taking advantage of their savings at the pump.

Read IssueRead - Eye Icon
Issue 8 2023
Issues
07/08/2023Issue 8 2023

In 2023, we are living in an increasingly automated world, with more and more businesses employing artificial intelligence (AI) in their daily operations in a variety of ways to enhance their productivity. AI is quickly becoming a precious resource for so many

Read Full PostRead - Eye Icon
Managing Director of the Month
Leadership
04/05/2016Managing Director of the Month

Delivered Health Solutions Ltd provide high quality products and services for care homes that deal with cleaning as well as infection prevention and control.

Read Full PostRead - Eye Icon
Mercia Fund Management invests in NuVision
Finance
04/08/2015Mercia Fund Management invests in NuVision

Mercia Fund Management invests in NuVision

Read Full PostRead - Eye Icon
TowerJazz Finishes Acquisition of Maxim’s Fabrication Facility in Texas
Finance
02/02/2016TowerJazz Finishes Acquisition of Maxim’s Fabrication Facility in Texas

TowerJazz announced today that it completed its previously announced acquisition of an 8-inch wafer fabrication facility in San Antonio, Texas from Maxim Integrated Products, Inc.

Read Full PostRead - Eye Icon
Consumer Spending on Mobile Devices Set to Top £53 Billion a Year by 2024
Finance
14/04/2015Consumer Spending on Mobile Devices Set to Top £53 Billion a Year by 2024

Consumers are set to spend £53.6 billion a year using their smartphones and tablets by 2024, compared with the £9.7 billion spent today, according to new research by Barclays.



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