SORAVIA’s Acquisition of Interests in Hospiz am Arlberg
Fellner Wratzfeld & Partner (fwp) advised SORAVIA on the acquisition of interests in the renowned Hospiz am Arlberg, a hotel situated at the top of the Arlberg pass in Austria. The deal was closed on 7 February 2022.
fwp’s consultancy activities on the project centred around a complex transaction which required the consideration of many aspects of corporate and M&A law. SORAVIA also called upon fwp’s support in cartel and antitrust law and public law.
fwp advised on corporate and M&A matters in a team comprising partner Markus Fellner and attorneys Roswitha Seekirchner and Peter Stiegler and associates Mario Burger and Martin Navara. Cartel and antitrust law matters were handled by partner Lukas Flener and attorney Elisa Maria Kaplenig, while public law matters were handled by partner Michael Hecht and attorney Josef Peer.
Roland Paar, managing director of SORAVIA’s hospitality division, stated that he looked forward to continued cooperation with fwp in the future. “We thank Markus Fellner and his excellent team for the comprehensive consulting work and the great collaboration in this demanding transaction,” Paar said in a statement.
SORAVIA is a leading real estate developer in Austria and Germany with a realised project volume of over €7 billion and approximately 3,300 staff across its many investments. SORAVIA’s hospitality division aims to invest in various key tourist ventures in Austria and internationally. The Hospiz am Arlberg’s leadership team will remain unchanged following this latest acquisition, with SORAVIA using the opportunity to discover further synergies and maintain a profitable partnership with the business.