Announced
Financials
Tags
Private
Singapore
fine dining
Acquisition
Cross Border
Single Bidder
Restaurants and Bars
Pending
Friendly
entertainment
Majority
Synopsis
ADMO Lifestyle Holding, the joint venture between Alpha Dhabi Holding PJSC and Monterock International, agreed to acquire a 92.78% stake in Ce La Vi, a rapidly growing luxury lifestyle group. Financial terms were not disclosed. “This acquisition is not just a strategic move to expand globally, but a bold statement of our vision and pace to identify and invest in brands that have a distinct market presence and transform them into world leading brands. ADMO is proceeding with utmost speed and enthusiasm, forging a robust platform of luxury, lifestyle, F&B, and entertainment brands. This acquisition not only expands ADMO’s global lifestyle presence to the east but also underscores our focus on building and nurturing a portfolio of world-dominating lifestyle brands. CE LA VI, with its unique brand essence and significant presence in key global markets, is a testament to our commitment and a valuable addition to our ever-evolving portfolio,” Petros Stathis, ADMO Vice Chairman.
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