CMS| Home |Contact |Locations |Law-Now
Search
 

Expertise

Banking & Finance
ef68933e-0c43-4918-8716-3cac03df9c8d
Competition
60a21f28-0eb1-4295-a45e-35c48cd9e780
Consumer Products
3f7e619c-c4f6-450c-955b-5afceea8e00a
Corporate
2ec9a3cb-6401-46fe-a2fd-4f3cb7f0370b
Dispute Resolution
d73cade4-4524-412c-8edb-547b1929f80b
Employment & Pensions
e91624f5-9b16-4101-ae79-6101d536261a
Energy
a2212999-d425-49cf-beef-70bc84034ed0
Environment
33d2c8f6-b556-408e-be85-7b36553615a9
Hotels & Leisure
4892cf9e-3a5b-4576-baa3-8268edb5d116
Infrastructure & Project Finance
8767c09b-f1c5-46a1-8522-acd662f9ea04
Insurance & Funds
cf6f0126-a28f-4955-a880-c52a4d73d1bc
Intellectual Property
b0fb89f8-19e7-4153-b30b-c2bfca876477
Lifesciences
10073c09-d440-4f5c-8c0d-e884d86fd950
Private Equity
29376139-09c9-44ad-8e79-dc65176e22f1
Public Procurement
926674d2-3913-49c8-858e-f2d878669269
Real Estate & Construction
0fc644fc-2dde-4fe8-9200-e3f6d05d5fd1
Tax
4a8a2c7d-4e9f-4a8a-adb4-152416012060
TMT - Technology, Media & Telecoms
08d6ef1b-4fcc-4374-be2e-2a01711e7779

Romania

Leisure


 Or 

Our Leisure group is consistently highly ranked with a number of large longstanding clients operating in the pubs, bars & restaurants, health & fitness, gaming, sport and museum sectors. These include trade players such as Enterprise Inns, Luminar and Nuffield Pro-Active Health, private equity investors such as AAC Capital and LGV Capital, the lottery operator, Camelot Group plc, a number of major sports venues such as The All England Tennis Club, and many of the UK’s national museums. Our UK member firm regularly acts on very high profile matters, such as the Ferrari/McLaren Formula 1 litigation, which received considerable international press coverage.

By working with us, you benefit from working with a team that really understands the sector and issues, developed from our impressive track record of advising on a wide range of leisure and sport transactions, coupled with our insight developed through many long-term relationships with some of the industry’s key players.

In 2008, CMS was ranked number one for volume of transactions in the Leisure sector across Europe by Mergermarket. One of these transactions, Nuffield Health’s acquisition of Cannons Health & Fitness was named Leisure Report’s Deal of the Year 2008.

Relevant UK experience includes advising:

  • AAC Capital Partners
    - on the sale of Park Resorts Group Ltd, a caravan park operator, to GI Partners, a transatlantic private equity firm, for £440 million.  Park Resorts Group Ltd was ACC Capital Partner’s largest ever exit to date
    - on the £70 million acquisition of the T.G.I Friday's Restaurant Business of Whitbread Group by AAC Capital Partners and Carlson Companies
  • Enterprise Inns
    - on negotiations with HMRC and the Treasury in relation to the rules relating to REIT conversion and the nature of Enterprise Inns’ business model as to whether it falls within its requirements for a REIT
    - on all major acquisitions and funding transactions since its formation in 1991.  Enterprise currently has an estate of c.7,750 pubs (September 2008)
  • Ferrari on the litigation against McLaren relating to Formula 1 GP trade secrets
  • Nuffield Health
    - on the acquisition of Cannons Health and Fitness from PPM Capital – this transaction won Leisure Report’s Deal of the Year 2008
    - on the sale of nine Nuffield hospitals to General Healthcare Group.
  • LGV Capital on its £65 million acquisition of the Sandpiper CI pubs, restaurants and brewery business
  • The All England Tennis Club on a transaction with the Lawn Tennis Association and a number of debenture issues
  • A Tier 1 contractor on construction matters for a major project for the 2012 Olympics


Relevant European experience includes advising:

  • AAC Capital Partners
    - on the sale of Park Resorts Group Ltd, a caravan park operator, to GI Partners, a transatlantic private equity firm, for £440 million.  Park Resorts Group Ltd was ACC Capital Partner’s largest ever exit to date
    - on the £70 million acquisition of the T.G.I Friday's Restaurant Business of Whitbread Group by AAC Capital Partners and Carlson Companies 
  • Avenir Entreprises Gestion, a French private equity company, on the sale of its shares in French travel agency, Tourexcel
  • Bank Austria Creditanstalt on the construction finance of shopping mall Palác Pardubice in the Czech Republic with significant leisure elements 
  • Budejovicky mestansky pivovar a.s. (brewery) on trademark and protected geographical indication issues relating to settlement of international disputes with Anheuser-Busch in the Czech Republic
  • CIB Bank on the financing of Aquaworld and Ramada Plaza Hotel Complex in Hungary, one of the largest aqua and hotel complexes in Europe 
  • Credit Suisse on the financing of the acquisition of the Olomouc shopping and entertainment centre in the Czech Republic 
  • Crucible Acquisitions Limited, a vehicle backed by Greenhill Capital Partners, on its acquisition of Rileys, the UK operator of snooker and pool clubs
  • Cultus Opera Producciones on the planning, development, construction and financing issues for a complex of opera halls, theatres and concert halls in Spain.
  • Enterprise Inns
    - on negotiations with HMRC and the Treasury in relation to the rules relating to REIT conversion and the nature of Enterprise Inns’ business model as to whether it falls within its requirements for a REIT
    - on all major acquisitions and funding transactions since its formation in 1991.  Enterprise currently has an estate of c.7,750 pubs (September 2008) 
  • Ferrari on the litigation against McLaren relating to Formula 1 GP trade secrets
  • The Spanish subsidiary of the Heineken Group on the 'Theme Bars' division of the company (more than 500 bars distributed throughout Spain such as Gambrinus, White Cross, Beer Station and The Amsetleria) on distribution and competition issues 
  • La Latina on the lease and future sale and purchase of the 'La Latina' theatre in Spain 
  • LGV Capital on its £65 million acquisition of the Sandpiper CI pubs, restaurants and brewery business
  • Nuffield Hospitals on the share acquisition of Health Club Investments Group Ltd (parent company of Cannons Health and Fitness and related businesses) from PPM Capital and the subsequent sale of 9 Nuffield hospitals to General Healthcare Group 
  • Pradera-AM PLC on the purchase of 3 retail centres in the Czech Republic in various cities - Park Hana, Ostrava Retail Park, Futurum Ostrava including financing. The shopping centre includes restaurants, cinema and entertainment facilities 
  • Pramerica Real Estate Investors on the financing of the acquisition of Tulip shopping centre in Martin, Slovakia, including restaurants 
  • Real Club de Golf las Brisas on employment law, competition issues and corporate matters including a works contracts for the Club house, lease agreement for the restaurant and the purchase contract of a desalinisation plant
  • United Internet AG on the sale of German online games portal Bigpoint GmbH to a private equity-backed management team
  • The All England Tennis Club on a transaction with the Lawn Tennis Association and a number of debenture issues
  • A Tier 1 contractor on construction matters for a major project for the 2012 Olympics
  • Waterland Private Equity on the sale of Loewen Play GmbH, the German operator of gambling halls to a management buyout team backed by AXA Private Equity
  • Welcome Break, the UK operator of motorway service areas, on its sale to a consortium of funds led by the Challenger Infrastructure Fund
  • W.H. Brakspear & Sons plc on the public-to-private takeover by J.T.D.Investments

For your online legal updates
Key Contacts
+40 21 407 3870
Bucharest

+380 44 391 33 77
Kyiv

Partner
+44 (0)20 7367 3046
London - Mitre House
What Others Say
Legal 500: “This impressive bunch is found on some cutting-edge deals.” and  “Strong reputation with major portfolio deals”
© CMS Cameron McKenna 2012  
© CMS Cameron McKenna 2012  Disclaimer | Privacy Statement | Site map