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BCLP advises Sirius hotel group in the Cité des Vins et des Climats de Bourgogne

BCLP advises Sirius hotel group in the Cité des Vins et des Climats de Bourgogne

Mar 19, 2021
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BCLP advised the Sirius hotel group on the entry of four institutional investors into the capital of its newly formed subsidiary dedicated to the construction and operation of a new four-star, 75-room hotel-restaurant in the Cité des Vins et des Climats de Beaune in Burgundy (France). 

Bpifrance, a long-standing partner of the Sirius hotel group, and three new investors (Cadinvest, Bourgogne Franche-Comté Croissance and CEBFC LT), decided to support the Sirius hotel group in its project relating to the construction and operation of a four-star hotel-restaurant with 75 rooms located in the Cité des Vins et des Climats in Burgundy. As a result of this partnership, the investors have taken a direct stake in the new subsidiary, which they have also financed through a convertible bonds issue.

The banks Caisse d'Epargne et de Prévoyance Bourgogne Franche-Comté and Banque Populaire Bourgogne Franche-Comté also contributed to this project through separate bank financings.

The BCLP team in Paris was composed of Kai Völpel, Of Counsel and  Paul Ast, Associate (M&A/Corporate Finance), as well as Olivier Mesmin, Partner, and Jeanne Gloor, Associate (Tax). 

The investors were advised by Jérémie Swiecznik (Partner, Degroux Brugère Avocats) and the lending banks by Carlara Lyon (Frédéric Huguenin, Partner, and Emmanuel Deroc, attorney).

Related Practice Areas

  • M&A & Corporate Finance

  • Tax & Private Client

  • Corporate

  • Hotels and Hospitality

This material is not comprehensive, is for informational purposes only, and is not legal advice. Your use or receipt of this material does not create an attorney-client relationship between us. If you require legal advice, you should consult an attorney regarding your particular circumstances. The choice of a lawyer is an important decision and should not be based solely upon advertisements. This material may be “Attorney Advertising” under the ethics and professional rules of certain jurisdictions. For advertising purposes, St. Louis, Missouri, is designated BCLP’s principal office and Kathrine Dixon (kathrine.dixon@bclplaw.com) as the responsible attorney.