Codex Advokater has most recently advised the Norwegian group, CIC Hospitality, in connection with the acquisition of a 7,674 m2 plot of land at Fynske Motorvej, where a new large modern hotel is to be built (Aiden by Best Western Odense).
The acquisition of the land is the latest step in CIC Hospitality’s expansion within the past 2 years with 4 new strategically located hotels in Denmark.
CIC Hospitality has previously acquired a business plot in Herning very closed to the hospital in Gødstrup, where a brand new hotel – Aiden by Best Western Herning – with 204 rooms has already been established, just as the CIC Hospitality group in connection with two mergers and acquisitions has acquired shares and activities in the established hotels close to Høje Taastrup station (Thon Partner Hotel Høje Taastrup) and Factory Lodge at Holeby on Lolland close to the future Fehmarn bridge connection.
Lawyer and partner Mikael Grosen Skovbo has assisted with advice to the CIC Hospitality group in connection with all 4 transfers, and in connection with the two mergers and acquisitions, assisted by a part of Codex Advokater’s M&A team, consisting of the lawyers Lars Egeskov Jespersen, Troels Nielsen and Lasse Johansen.
CIC Hospitality is a hotel operator focusing on best-in-class cost management and innovative solutions. CIC Hospitality can offer accommodation in cities and locations all over Scandinavia. CIC Hospitality succeed by enabling higher automation and customer centricity to drive improved satisfaction.
The company’s vision is to care, inspire and create experiences.