On January 31, 2013, Groupe du Louvre, SAS, a subsidiary of Starwood Capital Group, sold four French luxury hotels to the Constellation Group: the Concorde La Fayette (950 rooms) and Hôtel du Louvre (177 rooms) in Paris, the Hôtel Martinez (409 rooms) in Cannes and the Palais de la Méditerranée (188 rooms) in Nice.
Groupe du Louvre, owned by an affiliate of Starwood Capital Group, has three primary business activities: luxury hotel business, budget hotel business and crystal manufacturer (Baccarat).
The Davis Polk team included partner Jacques Naquet-Radiguet and associate Julie Herzog. Counsel Jean-Mathieu Cot and associate Alice Blanchet provided antitrust and competition advice. All members of the Davis Polk team are based in the Paris office.
Salans LLP, as well as De Pardieu Brocas Mafféi for tax matters, represented the Constellation Group.
