© 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
5 Ways to Optimize AWS Migration Costs
Innovation
27/07/20235 Ways to Optimize AWS Migration Costs

Increasingly more enterprises switch to AWS by performing the migration themselves or outsourcing AWS migration services. According to Amazon, 51% of AWS adopters report reduced operational costs, 62% IT staff productivity increase, and 94% downtime reduction.

Read Full PostRead - Eye Icon
Ladies of Legacy: Women to Remember and Celebrate this International Women’s Day
News
06/03/2023Ladies of Legacy: Women to Remember and Celebrate this International Women’s Day

Don’t let International Women’s Day pass by without giving powerful women the recognition they deserve. Women are smart, slick, practical, and loyal - and you’ve likely taken inspiration from other women over the years.

Read Full PostRead - Eye Icon
Managing Liability After an Escalator Incident in the Workplace
Legal
26/01/2026Managing Liability After an Escalator Incident in the Workplace

Escalators are an integral part of modern commercial buildings, enabling efficient movement through offices, corporate campuses, and mixed-use facilities. Because they are used daily without incident, their potential risks are often overlooked—until a malfun

Read Full PostRead - Eye Icon
Leading Logistics Provider
Innovation
09/03/2021Leading Logistics Provider

The importance of a smooth supply chain cannot be ignored in this day and age. A good supply chain doesn’t just revolve around moving products from one place to another but building lasting relationships. This approach is why the team at Digistics has been n

Read Full PostRead - Eye Icon
A Full Service Offering
Legal
01/12/2016A Full Service Offering

For more than 20 years, the Emmanuel Jacques Almosnino (EJA) law firmbased on the luxurious island of Saint Barth- has effectively represented VIPs and high-net worth clients from around the world.

Read Full PostRead - Eye Icon
6 Forms of Technology That Are Streamlining Healthcare Provision in 2023 and Beyond
Innovation
24/05/20236 Forms of Technology That Are Streamlining Healthcare Provision in 2023 and Beyond

The healthcare industry is experiencing a major transformation with the introduction of new technologies. New technology is changing how we access and deliver healthcare services, from electronic health records to telemedicine.

Read Full PostRead - Eye Icon
The Hidden Dangers of Blindly Embracing In Your Business
Innovation
27/04/2023The Hidden Dangers of Blindly Embracing In Your Business

It’s no secret that AI is a trending topic hot on many organisations’ agendas and strategies. However, with the release of ChatGPT, and Machine Learning continuously evolving, cybersecurity service providers, ramsac, are advising businesses not to blindly

Read Full PostRead - Eye Icon
How long after an accident do I have to report it to my employer?
News
07/03/2022How long after an accident do I have to report it to my employer?

How long after an accident do I have to report it to my employer? If you’ve been injured at work, you should qualify for workers’ compensation benefits. However, it’s important to follow the correct procedures to make sure you get the benefits you’re e

Read Full PostRead - Eye Icon
Yantai Xinchao to Acquire Texas Oil Fields for $1.3 Billion
Finance
27/10/2015Yantai Xinchao to Acquire Texas Oil Fields for $1.3 Billion

With China's increased interest and investment in the energy, Yantai Xinchao plan to purchase giant oil fields in Texas.



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