OC advises METRO Markets on Trivago Spain acquisition
Osborne Clarke has advised METRO Markets GmbH on the acquisition of the Spanish subsidiary of Trivago
As part of the transaction, METRO Markets is acquiring 100% of the shares in Trivago Spain S.L.U. and will, under the terms of the deal, take over the development centre in Palma, Spain, with around 60 employees.
METRO Markets, a wholly owned subsidiary of German Metro AG, a leading international specialist for wholesale and food, is a B2B online market place founded in 2018, offering a variety of non-food products for the hotel, restaurant and catering (HoReCa) industry.
Trivago is a leading global accommodation search platform focused on reshaping the way travellers search for and compare hotels and alternative accommodations headquartered in Düsseldorf, Germany.
Osborne Clarke advised METRO Markets with a cross-border team consisting of lawyers from Germany and Spain. Osborne Clarke´s Spain team was formed by partner Vicente Conde (pictured left) and associate Alvaro Mengotti advising on Corporate/M&A, partner Eva Otaegui (picture centre) on Labour Law and partner Rafael Garcia Del Poyo (pictured right) on IT Law matters.
Trivago was advised by Pier11 Rechtsanwälte.