Radar > 225252

Herdade da Comporta's sale process underway

Processo de venda da Herdade da Comporta está em curso

Intel ID : 225252
Synopsis

Herdade da Comporta's sale process will start next week, and invitations to potential shareholders will be sent by BESI, its current owner. The deal value should be some EUR 400m.

Deloitte Portugal, Clearwater Finance and law firm PLMJ have been confirmed as advisors.

Luxembourg Court should receive the non-binding acquisition proposals for Herdade da Comporta until mid-June, according to a statement released yesterday and published on website related to insolvency of companies held by former Grupo Espírito Santo.

The transaction refers to the sale of a 59% stake in Herdade da Comporta - Fundo Especial de Investimento Imobiliário Fechado and in Herdade da Comporta, held by Rioforte. The remaining capital is held by Nelia (15%) and several private investors, some belong to the Espirito Santo family. (See related radar).
(content in portuguese)

O processo de venda da Herdade da Comporta vai arrancar na próxima semana, com o envio dos convites a potenciais interessados, pelo BESI, atual proprietário. O valor do negócio deverá rondar os EUR 400m, segundo publicou o jornal Económico em 11 de maio de 2015.

Já está confirmada a assessoria da Deloitte Portugal, da Clearwater Finance e do escritório de advogados PLMJ para trabalharem na operação.

O Tribunal do Luxemburgo deverá receber as propostas não-vinculativas para compra da Herdade da Comporta até meados do mês de Junho, segundo um comunicado ontem divulgado no site das insolvências das empresas do antigo Grupo Espírito Santo.

A transação refere-se a alienação das participações de 59% que a Rioforte detém na Herdade da Comporta - Fundo Especial de Investimento Imobiliário Fechado e na sociedade Herdade da Comporta. O resto do capital dos dois veículos é detido pela sociedade Nelia (15%) e por vários investidores privados, alguns deles pertencentes à família Espírito Santo. (Ver radares relacionados).

Target

Seller

Luxembourg

Advisors

retained
retained
retained

Intel ID 225252
Value EUR 400,00m (Approx.)
Native Currency Euro (EUR)
Financial Data - Herdade da Comporta
(31 Dec 2022)
Revenue: EUR 22,71m
EBITDA: EUR 6,07m
Net Debt: EUR 43,07m
People: 36
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Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Tourism, Hotels and Restaurants (Primary)
Primary Sector (TTRSC)
15.10.03 Cultural Sites & Attractions
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

Country
Website
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Description

Financial Advisory

Legal Advisory

Due Diligence

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.