BGPartner advises in acquisition of tradition Hotel Florhof in Zurich.
27. July 2022
Silvio Denz, majority shareholder and chairman of Lalique Group, together with entrepreneur Peter Spuhler, have acquired the Hotel Florhof, a Zurich hotel steeped in tradition. After a renovation in the Lalique style, the historical building will reopen its doors as ‘Villa Florhof’ in 2024 to offer guests its renowned hospitality and first-class gastronomy. Lalique Group will be operating the new hotel and restaurant as leaseholder.
Florhof has been one of the jewels in the city of Zurich’s hotel scene for more than 100 years, although the building’s history dates back much further. The origins of the patrician house in Florhofgasse, which is located between Zurich’s old town and the university quarter, can be traced back to the 16th century. The property has served as a hotel since 1908 but the name ‘Florhof’ is a reference to the manufacturing and trading of silk that once took place on this site and was one of Zurich’s most important industries for many years. Florhof is today one of the last remaining silk yards in the city.
By acquiring Florhof, Silvio Denz and Peter Spuhler are securing its future as a hotel and restaurant. This comes after the previous owners, whose family had owned the property for almost 100 years, announced the closure of the business with effect from the end of July 2022.
The renowned hotel manager Tanja Wegmann will oversee the transformation and the reopening of the property as ‘Villa Florhof’, which is planned for early 2024.