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Three Hills Invests in Italian Amenities Player La Bottega

Published May 25, 2024
Published May 25, 2024
La Bottega

Three Hills has invested €115 million of new funding through a combination of preferred capital and equity in leading luxury hospitality amenities supplier La Bottega Group.WHO: Founded in 1981, La Bottega has emerged as a premier supplier of amenities in the luxury hospitality market operating exclusive brands like Dyptique, Etro, Culti, Santa Maria Novella, and many others within the hospitality space through licensing agreements. Headquartered outside Senigallia, Italy, La Bottega operates several well-established subsidiaries across key regions, including the US, APAC, and Europe. The company boasts a portfolio of approximately 10,000 high-profile and diversified clients, including top-tier establishments such as Four Seasons, Ritz-Carlton, Mandarin Oriental, and Peninsula. La Bottega has developed a full range of innovative alternative packaging solutions, which in 2023 alone resulted in a 45% reduction in plastic use across its partner hotels, leading to a saving of 690 tons of carbon dioxide, 104K tons of water, and 1.1K tons of petroleum.Three Hills is a multi-strategy asset manager that pioneered preferred capital solutions in the European middle market over 10 years ago. With a focus on high-growth and entrepreneur-led businesses, Three Hills offers flexible financing solutions and value-added expertise in order to support companies achieve their transformational growth ambitions, while allowing entrepreneurs to retain control of their companies. Three Hills has €2.3 billion of assets under management, with backing from Europe’s leading industrial holding groups, family offices, and entrepreneurs, as well as global institutional investors.

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