M&A Deal Summary

Erste Group Immorent AG Acquires Hello Hotels

On September 30, 2009, Erste Group Immorent AG acquired restaurant Hello Hotels

Acquisition Highlights
  • This is Erste Group Immorent AG’s 1st transaction in the Restaurants sector.
  • This is Erste Group Immorent AG’s 1st transaction in Romania.

M&A Deal Summary

Date 2009-09-30
Target Hello Hotels
Sector Restaurants
Buyer(s) Erste Group Immorent AG
Deal Type Add-on Acquisition

Target

Hello Hotels

Bucharest, Romania
Hello Hotels is a privately held company operates as a hotel and offers boarding and lodging services.

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Buyer(S) 1

Buyer

Erste Group Immorent AG

Vienna, Austria

Category Company
Sector Real Estate
DESCRIPTION

Erste Group Immorent AG provides real estate and infrastructure financing, and property development services.


DEAL STATS #
Overall 1 of 1
Sector: Restaurants M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Romania M&A 1 of 1
Year: 2009 M&A 1 of 1