BCF at the forefront of the Delta Hotels by Marriott Quebec acquisitionMarch 1st, 2018
Four years after businessman Jean-Guy Sylvain acquired the Hotel Le Concorde Québec, he now has got his hands on the renowned Delta Hotel in the downtown core of Quebec's capital. BCF was once again at the centre of these important transactions, assisting Mr. Sylvain.
The transaction allows Quebec interests to take over the Delta, which, since 2017, had been owned by Leadon Investments, a Hong Kong based holding company, whose operations were managed by Marriott International.
The BCF team is proud to have once more assisted this visionary businessman as part of this major transaction for Quebec City’s downtown.
“We would like to thank Mr. Sylvain and his partners for their confidence in BCF and applaud their vision and determination that have made the Delta an entirely Quebec property. Despite the difficulties and a very tight timetable, BCF completed this major transaction involving a Hong Kong investment firm and the Marriott chain in record time”, stated François Valin.
In addition to François Valin, many BCF lawyers and notaries were involved in the transaction: Éric Amyot, Samuel Lajoie, Laurence Pépin, Vincent Ebacher, Alain Castonguay, Pierre Pratte and Anna Baghramyan.