5-Star Hotel Le Meridien Lav in Split is Sold

Total Croatia News

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After years of trying, luxury Split hotel Le Meridien Lav has new owners.

As reported by HETA Asset Resolution AG, the company that took over the business dealings of the so called “bad Hypo Bank”, Hotel Le Meridien Lav in Podstrana, the first fully integrated 5-star resort in Dalmatia is finally getting new owners after being on sale by Hypo Bank for 3 full years.

Le Meridien Lav will be taken over by ODIEN Hotels N.V., daughter company of Odien Group, an investment fund wth offices in Prague and Istanbul.

Odien is a leading private equity investment firm in Central and Eastern Europe specialized on turnarounds with regional offices in Prague and Istanbul.

Odien aims to acquire control or significant equity positions in companies in the region and typically invests in special situations consisting of restructurings and complex transactions as well as actively managed investments in a variety of sectors and industries that offer high growth potential in the medium-to-long term.

That is all the information we were able to find on the new owner, and as far as their daughter company ODIEN Hotels N.V is concerned, apart from the news on this particluar sale (published on Croatian portals), and the fact that the company itself was founded on August 5th, 2015, we were not able to find any other information regarding their business operations.


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