Announced
Completed
Synopsis
La Bottega, a designer of luxury hotel amenities and courtesy sets, completed the acquisition of a majority stake in Vanity Group, a supplier of luxury hotel amenities. Financial terms were not disclosed. “In the last five years, looking at VANITY GROUP’S remarkable development, it made strategic sense to partner with them to forge the next generation of Hospitality Curators. We retain our signature brand identities but combine forces across global distribution and create an impressive, shared brand portfolio – honoring our commitment to enriching the hospitality industry. We’re looking forward to exchanging ideas, being curious and pampering guests all around the world," Tommaso Pacini, La Bottega Chairman.
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