LMDV Capital An agreement has been signed for the acquisition of Brand learning and 4 locations of the Gruppo Majestas Group, headed by Flavio Briatore, with which the contract Triple SeafoodA group owned by LMDV Capital, Our country is poised to become one of the most important players in luxury hospitality..
The new giant created in Luxottica
Closing of the transaction, upon successful completion of the terms stipulated in the agreement between the parties; First quarter 2025when a “Made in Italy” luxury restaurant giant with international projection will be born.
Operation included. 100% acquisition of the brand e Of the four locations Twiga Forte dei Marmi, Twiga Montecarlo, Twiga Baia Beniamin And this Historic billionaire estate in Porto Cervo He From next year, it will become Twiga.. The turnover of both the combined companies is estimated at around 50 million in 2024 with strong growth projections in 2025 and beyond. Ambassadors of Italian Style The new group employs more than 600 people. The combination of Triple Seafood and Twiga ushers in a new era for the fine dining and luxury hospitality sector and marks a strong acceleration of growth for the LMDV Capital-owned group.
Twiga, a historic brand of the Majestas Group, was born in Versilia in 2000 and has since expanded and established itself internationally as an icon of luxury hospitality: a solid and highly profitable brand, whose Supported by the commitment of 360 people.
Triple Seafood, With the Vista restaurant at the top of the list it leads the evolution of luxury catering and with Twiga a major Italian player has been born with a turnover of close to 50 million. The acquisition is part of a broader strategic plan by LMDV Capital, which aims to integrate the Twiga brand into its ecosystem. Consolidation of fine dining restaurant group Triple Seafood, which has already achieved a leading position in Italy thanks to a sound business model and an offering that has a strong focus on quality, sustainability and customer experience.
Triple Seafood has grown rapidly in just 24 months, with five locations and three brands – Vesta Milano, Vesta Forte di Marmi and Vesta Paragi; Casa Fiori Chiari Milan; Trattoria del Ciumbia Milan – Thanks to a total workforce of 250 employees.
The development plan focuses on a clear vision: Strengthen the Twiga brand identity And innovate the catering offer of your special places thanks to the integration with the triple seafood offering. The Vista restaurant will be inaugurated at the Monte Carlo location. The billionaire Puerto Cervo venue will become Tuiga and host Casa Fiori Chiari and Vesta inside.
“We have been investing in this sector for two years, and the acquisition represents another important step,” commented Leonardo Maria del Vecchio, President of LMDV Capital. “We are proud to have built one of the largest restaurant groups in Italy.Consolidating a winning model that combines haute cuisine, entertainment and exclusive design.
The expansion does not stop here: with new opportunities already planned for 2025, the turnover is estimated to exceed 60 million.
The triple seafood between growth and value: A vision for the future
“This acquisition confirms our commitment to the development of the Italian hospitality sector, a sector that we believe is fundamental to the country’s future”, says Leonardo Maria Del Vecchio, President of LMDV Capital. . “Twiga is not just a brand, but a symbol of Italian excellence and style recognized around the world. Integrating it into Triple Seafood means not only extending a successful legacy, but opening it up to new opportunities. There is too.”
Leonardo Maria del Vecchio points out how this operation represents much more than an acquisition: “We don’t just add numbers or expand the portfolio of locations. With this operation, Triple Seafood gave life to a unique model.Where tradition and innovation come together to offer our customers exceptional experiences, enhancing hospitality and hospitality as an expression of the best of Italian culture.
David Ciancio, CEO and Co-Founder Triple Seafood: “I am delighted with this acquisition, which represents a historic step for Triple Seafood and Italian hospitality. This operation places us internationally among the giants of the sector, confirming that we are Italian, specializing in the art of hospitality and cuisine, can present our point of view. Special thanks to our team, who put soul and passion into every project, and to our president, Leonardo Maria Del Vecchio. of own Along with the vision, it taught us not to set boundaries and always put people at the center, even more so in our field, it’s the people who make the real difference.”
Flavio Briatore Commenting on the operation: “We are delighted to entrust Twiga to a dynamic and innovative group like Triple Seafood. I am confident that Triple Seafood will continue the path of growth of an iconic brand, which has been my personal and professional history. is part of.”
