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.