THM was engaged by Hemisphere in May 2018 to provide independence and leadership to the Board of Hemisphere. THM together with Hemisphere’s directors and management team, assisted in stabilising the Hemisphere Group and negotiating with its stakeholders to refinance the RBF with the objective of providing the Company with the stable platform to maximise value for its stakeholders.
THM has also supported Hemisphere in completing a number of real estate disposals, the largest of which was the sale of the properties leased to Kika / Leiner, which completed on 15 October 2018 for an enterprise value of €490m.
THM will continue to support the Hemisphere Group in the managed disposal of the remaining property portfolio.
You can read our full client announcement by downloading the PDF below.