Pestalozzi advises Quantum Global Investments on its acquisition of the Movenpick Ambassador Hotel Accra from Kingdom Holding Company
QG Africa Hotel LP, a Mauritius based investment fund managed by Quantum Global Investments Africa Management Ltd., announced the acquisition of the Movenpick Ambassador Hotel Accra from Kingdom Holding Company (KHC). The transaction which closed on 28 December 2016 marks the most sizable open-market hotel transaction in Sub-Saharan Africa to date. Pestalozzi advised Quantum on all Swiss aspects of the transaction.