PARIS - The Paris office of Reed Smith has advised Colony Investment Management on the tax aspects of the sale of the Aigle des Neiges hotel to Experimental Group.
Founded by Romée de Goriainoff, Olivier Bon and Pierre-Charles Cros, Experimental Group is a major player in the hotel industry with operations in France, the UK, Italy and Spain.
The acquisition of the 109-room 4* hotel in Val d'Isère will enable the group to pursue its expansion and diversify its locations.
The Reed Smith team working alongside Colony Investment Management included partner Jean-Pierre Collet and tax associate Alice Pothet-Zevaco.
Hôtel Aigle des Neiges was advised by Archers.
Gide and PwC advised the Experimental Group.