03-05-2019

Heuking Kühn Lüer Wojtek advises Auctus and its portfolio companies GS Star Hotels on the acquisition of Rilano Group




With a team led by Boris Dürr and Dr. Oliver Treptow, both from the firm’s Munich office, Heuking Kühn Lüer Wojtek advised private equity investor Auctus and its portfolio company GS Star Hotels on the acquisition of a majority interest in Rilano Holding GmbH. With this transaction, GS Star group is consistently implementing its expansion concept and expanding its offering to include additional hotels in Germany and Austria. Following the acquisition, GS Star group will grow to a scheduled sales volume for 2019 of over EUR 100 million.

Rilano Group operates hotels throughout Germany and Austria under the The Rilano Hotel, Rilano 24|7, and Rilano Resorts brands. In total, Rilano Group’s current hotel portfolio comprises eight hotels that are already operating and one hotel under construction. Additional hotels are also being planned.

GS Star group’s portfolio, which also includes Gorgeous Smiling GmbH, currently comprises 79 hotels in Germany, Austria, and the Netherlands. It acts as a franchise partner for global players such as Intercontinental, Hilton, and Wyndham while also operating hotels under its private label, Arthotel Ana.

By 2020, GS Star group intends to operate some 100 hotels under management, thus becoming the fastest growing German hotel group. The group also has expansion plans for other European countries, including Switzerland and the UK.

Boris Dürr’s team regularly advises Auctus on transactions, including on its initial entry into the hotel industry through the acquisition of GS Star group in 2018.

Counsel to Auctus
Heuking Kühn Lüer Wojtek:

Boris Dürr
Dr. Oliver Treptow (both M&A/Corporate, both Lead)
Dr. Arnold Büssemaker (Financing)
Steffen Wilberg (Real Estate)
Peter M. Schäffler (Tax)
Christian Schild, LL.M. (Corporate /M&A), all Munich
Dr. Holger Lüders (Employment), Düsseldorf

Contacts

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