The Twigathe historic brand of the group Majestas Of Flavio Briatoremove to Leonardo Maria del Vecchio. Lmdv Capitalthrough the Triple Sea Foodhas signed an agreement for the acquisition of the brand and 4 locations. Thus was born a leading Italian company inluxury hospitality with 50 million turnover and 600 people.
A strategic plan for the future of luxury
The acquisition is part of a broader strategic plan of Lmdv Capitalwhich aims to integrate the brand Twiga in its ecosystem, strengthening the restaurant group Triple Sea Foodalready positioned as a leader in Italy. The closing of the operation, subject to the completion of the contractual conditions, is expected for the first quarter of 2025. From this operation a giant of the “made in Italy” in luxury catering with international projection.
Statements by Leonardo Maria del Vecchio and Flavio Briatore
For two years “we have been investing in this sector, and the acquisition represents another important step”, he says Leonardo Maria Del Vecchiopresident of Lmdv Capital. «We are proud – he continues – to have created one of the largest restaurant groups in Italy, consolidating a winning model that unites haute cuisineentertainment and exclusive design».
Flavio Briatore said he was happy to «entrust Twiga to a dynamic and innovative group like Triple Sea Food. I’m sure he will be able to carry out ambitious projects for Twigacontinuing the growth path of an iconic brand that is part of my personal and professional history.”
A new chapter for the Twiga brand
The acquisition aims to strengthen the brand’s identity Twiga and innovate its restaurant offering exclusive locations thanks to the integration with the offer of Triple Sea Food.
- In the location of Monte Carlo a restaurant will be inaugurated Vesta.
- The location of Billionaire Porto Cervo will become Twiga and will host inside Home Light Flowers And Vesta.
Innovation and international projection
«The operation is just the beginning of a journey that will lead us to redefine the industry standards. We are ready to take up the challenge, to continue to invest with courage and to bring the best of Italy everywhere in the world”, he concludes Del Vecchio.