© 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
How Warehouse Management Systems Reduce Business Expenditure
News
27/04/2022How Warehouse Management Systems Reduce Business Expenditure

Maximizing profits is one of the best ways to enhance the growth of your manufacturing firm. This enables you to get enough money to settle operating expenses and expand your investment.  

Read Full PostRead - Eye Icon
Why Remortgaging is a Game-changer For Modern Home-owners
Finance
22/01/2021Why Remortgaging is a Game-changer For Modern Home-owners

In the UK, whilst the numbers can fluctuate, roughly 39,000 remortgages occur on a monthly basis. In fact, in the first quarter of 2019, almost 40% of property loans were remortgages - with good reason. Getting on the property ladder is usually one of the main

Read Full PostRead - Eye Icon
AI Financial Fraud: How Fraudsters Are Using AI (& How to Combat It)
Finance
06/01/2025AI Financial Fraud: How Fraudsters Are Using AI (& How to Combat It)

Tackling financial fraud has become more difficult than ever in recent years, thanks to the increasing prevalence of AI (artificial intelligence) in financial fraud.

Read Full PostRead - Eye Icon
Poll Reveals Most UK Workers Are Putting IT Networks At Risk
Leadership
12/12/2019Poll Reveals Most UK Workers Are Putting IT Networks At Risk

Nearly half of working Brits are visiting sites or opening email attachments that could cause a virus, malware or ransomware attack, according to a new UK-wide study commissioned for strategic IT consultancy, Aura Technology*. The anonymous poll of 2,000 offic

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
Unlock Proven Investment Strategies With Kavan Choksi
News
28/04/2023Unlock Proven Investment Strategies With Kavan Choksi

Are you looking to get ahead financially in the coming year? With so much economic and political uncertainty, how can you ensure that your investments are sound and strategic?

Read Full PostRead - Eye Icon
United Bankshares, Inc. Announces Increase in Earnings
Finance
30/04/2015United Bankshares, Inc. Announces Increase in Earnings

United Bankshares, Inc., today announced earnings for the first quarter of 2015. Earnings for the first quarter of 2015 were $34.6 million or $0.50 per diluted share, an increase from earnings of $30.1 million or $0.48 per diluted share for the first quarter o

Read Full PostRead - Eye Icon
Next-Generation Retail Solutions
News
08/08/2023Next-Generation Retail Solutions

Vision Group has become a renowned conglomerate on the world stage thanks to an outlook and mission to deliver best in class, technology-driven solutions that reinvigorate the ever-moving retail landscape.

Read Full PostRead - Eye Icon
Things to Consider While Choosing a Business Broker
News
15/03/2022Things to Consider While Choosing a Business Broker

Selling your business is a once in a blue moon opportunity you cannot miss, and finding the appropriate business broker is critical to a smooth transaction. In most cases, a high-priced sale of one’s small business is a long-time goal for many business owner



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