Three Hills completed the acquisition of a minority stake in La Bottega Group from The Equity Club for €115m.

Three Hills Capital Partners, a private equity firm, completed the acquisition of a minority stake in La Bottega Group, a cosmetic amenities provider for hospitality industry, from The Equity Club, an investment company, for €115m. “Three Hills has always focused on Italian entrepreneurs capable of building unique businesses globally and who are looking for an international platform like ours to continue to grow. Tommaso and his team represent exactly this, and we are very happy to begin this journey together in a sector that is undergoing consolidation, while providing the tools and financial resources to enable the company to continue the ambitious growth of recent years both in its core business and through acquisitions. As an environmentally conscious company, La Bottega also aligns strongly with Three Hills’ sustainability principles and together with our in-house Value Creation team, we are keen to drive the Company’s full impact potential in the years to come," Mauro Moretti, Three Hills Founder and CEO.