Field Fisher Waterhouse advises Expedia on acquisition of majority of shares in Trivago
Fieldfisher advises Expedia on acquisition of majority of shares in Trivago
Fieldfisher has advised online travel agency Expedia, Inc. on the acquisition of a majority stake in Trivago, a hotel search and price comparison site based in Dusseldorf, Germany. A team of lawyers under the lead of Hamburg partner Dr Philipp Plog has offered comprehensive advice to Expedia in all matters of IP and IT law. Expedia has been an ongoing client of the firm for many years.
Expedia has acquired 61.6 percent of shares in the Dusseldorf based company for a total price of €477 million. The transaction is still subject to approval by the cartel authorities. The deal is expected to be closed in the first half of 2013.
Expedia Group is the world's largest online travel agency and comprises the online travel brands Expedia.com, Hotels.com and Hotwire.com. Trivago offers online price checks on more than 600,000 hotels and over 140 booking pages. The portal is based on a cost per click model and is expected to have obtained a net profit of approximately €100 million in 2012.
Advisers to Expedia:
Fieldfisher, Hamburg: Dr. Philipp Plog (lead, IP), Dr. Felix Wittern (IT/Data Protection), Paul Barton (IT; London), Matthias Berger (Counsel, Trade Marks/Domains); Associates: Stephan Zimprich (IP), Maria Wichmann (IT)
For further information, please contact:
Dr. Philipp Plog, Partner, Fieldfisher Deutschland LLP on 040 87 88 69 8119 or via philipp.plog@Fieldfisher.com
Ibrahim Kamara, PR Manager, Field Fisher Waterhouse LLP on 020 7861 4120 or via Ibrahim.Kamara@Fieldfisher.com