International law firm Simmons & Simmons has advised the shareholders of the Fletcher Hotel group on the sale of a majority stake to Egeria, a Dutch investment company. Fletcher Hotels is the largest hotel chain in the Netherlands, with 103 locations.

NIBC and Xead are selling their shares and the Fletcher management will remain with the shareholders. With Egeria’s hands-on involvement and experience in international expansion, Fletcher Hotels will be able to enter a new phase of growth, building on a sound and stable basis.

The Simmons & Simmons cross-border team was led by corporate M&A partner Rob Hendriks in Amsterdam, supported by the Brussels competition team.