Ashurst advises Barclays on its financing of Alchemy's acquisition of a stake in Barons Eden 

Global law firm Ashurst has advised Barclays Bank PLC, as lender, on a term facility to support the acquisition of a stake in Barons Eden by Alchemy. The acquisition is Alchemy’s 10th investment into the European hospitality sector in the last 14 years.

Established in 1989 and held in private ownership since, Barons Eden comprises a collection of spa and hotel destinations, including Hoar Cross Hall in Staffordshire and Eden Hall Day Spa in Nottinghamshire – two of the largest spa resorts in Europe.

The Ashurst team was led by global loans counsel Darren Phelan, supported by senior associate Eilish O'Neill and associate Andrew Thomson. Partner Henry Moss and senior associate Michelle Grudzinski advised on real estate aspects of the transaction and partner Paul Miller and associate Oliver Passmore advised on tax matters. Partner Francesca Downes and senior associate Annie Marriner advised on corporate aspects of the transaction.