Gold Tree acquires Hotel Basel
Niederer Kraft Frey advised the shareholders of G.A.T.E.S., Hôteliers & Restaurateurs SA in the sale of 100 per cent their shares to Gold Tree Basel Limited.
G.A.T.E.S., Hôteliers & Restaurateurs SA is the owner of the Hotel Basel at Münzgasse 12 in Basel, Switzerland, which opened in 1975. The decision to sell the 100 per cent stake was made as part of a succession plan. The sellers are pleased to have reached an agreement with Gold Tree Basel Limited, an investor willing to continue the history and character of Hotel Basel.
Gold Tree Basel Limited is part of Gold Tree Group, an international investment company primarily invested in real estate in Switzerland and Germany.
The NKF team was led by Corporate/M&A partner Moritz Maurer, working with junior associate Lukas Würgler (Corporate/M&A), partner Andreas F. Vögeli and associate Anne Huber (both Real Estate).