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Nctm, Latham & Watkins and Tremonti in the acquisition of the Castello di Casole by Belmond

Belmond Ltd., world leader in the luxury hospitality sector, has acquired Castello di Casole, a major real estate property in Tuscany including the resort of the same name, from Erste Abwicklungsanstalt, a German winding-up agency.

The deal is the conclusion of a successful turn-around operation realized by Erste Abwicklunganstalt and adds prestige to Belmond’s Italian portfolio, which includes, among others, Belmond Hotel Cipriani in Venice and Belmond Hotel Splendido in Portofino. The acquisition marks a further step in the consolidation of the brand, towards a group strategic growth plan.

Nctm Studio Legale assisted Belmond with a team coordinated by partners Michele Motta for the corporate aspects, Christian Mocellin for the real estate aspects, Paolo Lazzarino for the IP aspects and Barbara Aloisi for the tax aspects, with the support of the associates Mariagrazia Mazzaglia, Francesca Leonelli, Irene Aquili and Ilaria Parrilla.

Latham & Watkins assisted Erste Abwicklungsanstalt with a team composed of partner Giovanni B. Sandicchi, counsel Antonio Distefano and associates Filippo Benintendi, Luca Maranetto and Federica Di Terlizzi.

Tremonti Romagnoli Piccardi e Associati acted as tax advisor with partner Antonio Vitali and associate Mattia Merati.

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