GHR Rechtsanwälte advises REWE on joint venture with Deutsche Seereederei

DER Touristik Group, a member of German REWE Group, has formed a joint venture with DSR Holding, a subsidiary of Deutsche Seereederei Group. The two companies each hold a 50% stake in DR Hospitality GmbH & Co. KG which was established for the purpose of the transaction. The closing of the transaction is still subject to clearance by the relevant antitrust authorities.

With 16 hotels and resorts under the brands A-ROSA Resorts & Hideaways, aja and Henri Hotels, which also include Hotel aja Zurich and Hotel Louis C. Jacob in Hamburg, the joint venture aims to become the market leader in environmentally friendly and sustainable tourism in Europe. REWE Group is a leading retail and tourism group in Europe.

GHR Rechtsanwälte acted as Swiss legal counsel for REWE. The GHR team was led by partners Marc Grüninger and Markus Brülhart (both Corporate/M&A) and included associates Stephan Hofer (Corporate/M&A) and Jil Suter (Corporate/M&A). Seitz Rechtsanwälte Steuerberater Partnerschaftsgesellschaft mbB, Cologne, Germany (Dr. Daniel Grewe, Dr. Jennifer Lynn Konrad) were lead counsel in the transaction.

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