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Press Release October 2018

KPMG Law advises somnOO and French PE-Group on acquisition of German hotel portfolio

 
The international law firm KPMG Law has advised Swiss hotel operator somnOO SA as well as French Private Equity Funds RIVE PI, Extendam und 123 IM on the acquisition of a German hotel portfolio, including the formation and funding of a complex acquisition structure.

With this transaction, somnOO has entered the scene of the German hospitality market, heading yet for more acquisitions outside France as their investment focus up to now.
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