Assisted with the acquisition of Hotel Propellen, Billund

Morten Breum-Leer

Attorney (High Court), partner

+45 20744800

Det danske hotelselskab K/S Atlantic har pr. 1. oktober 2021 købt Hotel Propellen, der ligger tæt på Billund Lufthavn.

Hotel Propellen is an international hotel with 94 rooms, 14 meeting rooms and a conference department, and has until the sale on October 1, 2021 belonged to SAS Pilot & Navigatør Pensionskasse.

Hotel Propellen is now handed over to an owner-manager

The hotel company K/S Atlantic wants to continue operating Hotel Propellen as before. The hotel will continue to be part of the city of Billund - and remain the city's hotel.

K/S Atlantic blev etableret i 1977 i forbindelse med købet af Hotel Atlantic i Aarhus. Selskabet ejer og driver både Hotel Atlantic, Hotel Kolding og nu Hotel Propellen. Med købet bliver Hotel Propellen det tredje hotel i K/S Atlantics portefølje, men drives videre med samme profil som hidtil.

From CLEMENS, partners Martin Beck and Morten Breum-Leer have been involved from the start of the acquisition process and assisted with legal buyer advice, including legal due diligence, contract negotiations and the takeover of the hotel.

Acquiring a competitor is a balancing act throughout the buying process. It requires mutual trust between buyer and seller when exchanging confidential information. For Martin Beck and Morten Breum-Leer, the long relationship with the buyer, openness and a trusting level of communication and information have been important throughout the acquisition process.

Business-oriented business transfer

At CLEMENS, we have extensive experience advising all types of companies on M&A, mergers, succession and restructuring. We provide the right team so that quality, availability and time spent go hand in hand.

Contact us for a non-binding discussion if you are considering buying or selling your business or are facing a generational change.

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