M&A Deal Summary

Concentradora Fibra Hotelera Mexicana SA de CV Acquires Sheraton Ambassador Monterrey Hotel

On November 18, 2014, Concentradora Fibra Hotelera Mexicana SA de CV acquired restaurant Sheraton Ambassador Monterrey Hotel from Starwood Hotels & Resorts Worldwide for 14M USD

Acquisition Highlights
  • This is Concentradora Fibra Hotelera Mexicana SA de CV’s 1st transaction in the Restaurants sector.
  • This is Concentradora Fibra Hotelera Mexicana SA de CV’s largest (disclosed) transaction.
  • This is Concentradora Fibra Hotelera Mexicana SA de CV’s 1st transaction in Mexico.

M&A Deal Summary

Date 2014-11-18
Target Sheraton Ambassador Monterrey Hotel
Sector Restaurants
Buyer(s) Concentradora Fibra Hotelera Mexicana SA de CV
Sellers(s) Starwood Hotels & Resorts Worldwide
Deal Type Divestiture
Deal Value 14M USD

Target

Sheraton Ambassador Monterrey Hotel

Monterrey,, Mexico
Sheraton Ambassador Monterrey Hotel owns and operates a hotel which provides lodging and dining services.

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Buyer(S) 1

Buyer

Concentradora Fibra Hotelera Mexicana SA de CV

Mexico City, Mexico

Category Company
Founded 2012
Sector Real Estate
DESCRIPTION

Concentradora Fibra Hotelera Mexicana SA de CV is a Mexican trust formed primarily to develop, acquire and own urban business class limited-service, selected-service, full-service and extended-stay hotels in Mexico.


DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
Country (Mexico) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Starwood Hotels & Resorts Worldwide

Stamford, Connecticut, United States

Category Company
Founded 1969
Sector Leisure
Employees180,400
Revenue 5.8B USD (2015)
DESCRIPTION

Starwood Hotels & Resorts Worldwide, Inc. is a hotel and leisure company with more than 1,270 properties in some 100 countries and over 180,000 employees at its owned and managed properties. Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences under the renowned brands: St. Regis, The Luxury Collection, W, Design Hotels, Westin®, Le Méridien, Sheraton, Four Points by Sheraton, Aloft, Element, and the recently introduced Tribute Portfolio™. Starwood was formed in 1969 and is based in Stamford, Connecticut.


DEAL STATS #
Overall 15 of 21
Sector (Restaurants) 11 of 12
Type (Divestiture) 15 of 21
Country (Mexico) 1 of 1
Year (2014) 4 of 6
Size (of disclosed) 14 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-20 The St. Regis Rome

Rome,, Italy

The St. Regis Rome owns and operates a hotel. The St. Regis, Rome, including upgrades to all 161 guestrooms and suites and a redesign of the restaurant and lounge and space for events.

Sell €110M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-20 Sheraton On the Park Pty

Sydney, Australia

Sheraton On the Park Pty. Ltd. operates a hotel. The hotel features 557 guest rooms, full-service dining, a Sheraton Club Lounge, rooftop health club, indoor heated pool, and spa with spectacular city views.

Sell AU$463M