Mourant Ozannes has acted as sole Guernsey legal counsel to Sanglier Pte. Ltd in respect of its 1.42 billion yen acquisition of the entire issued share capitals of two Guernsey companies from Japan Leisure Hotels Limited, a closed-ended investment company listed on the Alternative Investment Market.

The Guernsey companies are involved in the ownership and operation of premium leisure hotels in Japan. The team was lead by corporate partner Gavin Farrell, assisted by Darren Stephens (senior associate) and Elliott Doucy (associate).

Gavin Farrell commented: “From a Guernsey perspective this transaction showed the in-depth knowledge and experience of the Guernsey corporate team in dealing with acquisition work which had a Japanese/Asia focus, including providing assistance and advice within the difference in time zones and the understanding of cultural and commercial issues emanating from the acquisition.

“This deal was particularly pleasing since it was one of the first to complete after the Japanese Tsunami.”