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Interlaw’s Hong Kong Firm Advises Real Hero Ventures Limited on acquisition of 1957 & Co. (Hospitality)

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Interlaw’s partner firm in Hong Kong, Stevenson, Wong & Co., has advised Real Hero Ventures Limited on the acquisition of 48.98% of the total issued share capital of 1957 & Co. (Hospitality) Limited (1957 & Co.) at the consideration of approximately HK$100 million, and the mandatory general offer for all the outstanding shares in 1957 & Co.. The entire issued share capital of 1957 & Co. was valued at approximately HK$205 million.

1957 & Co. is a Hong Kong-based restaurant operation and management group that offers a variety of speciality cuisines in restaurants designed by award-winning interior and lighting designers. The company operates full-service restaurants under various brands, including Sushi Ta-ke, An Nam (including its junior brand, Petit An Nam), Modern Shanghai, Hokkaidon, Mango Tree (including its junior brand, Mango Tree Café), Gonpachi and Paper Moon. The company also provides restaurant pre-opening and management consultancy services in Hong Kong and the PRC.

The Stevenson Wong team was led by corporate partners Mr. Hank Lo and Mr. Gordon Tsang, senior associate Mr. Terence Lau, supported by associates Ms. Teresa Yip, Mr. Bun Chan and Mr. Gary Kwok. Partner Mr. Gordon Tsang also serves as the joint company secretary and authorised representative of 1957 & Co..