Type
Business expansion
Country
Italy
Region
Location of affected unit(s)
Sector
Accommodation / Food
Accommodation
Hotels and similar accommodation
55.1 - Hotels and similar accommodation

100 jobs
Number of planned job creations
Job creation
Announcement Date
9 May 2025
Employment effect (start)
9 May 2025
Foreseen end date
30 September 2025

Description

White Bridge Investments III's acquisition of LVG Group will create over 100 new hospitality jobs in Northern Italy by September 2025. The €10 million capital infusion supports the group's expansion plans to open five new hotel properties across the region. The hospitality management company, which currently operates 12 properties and provides consulting to more than 100 clients, plans to exceed €20 million in revenue next year following 35% growth in 2024.

CEO Claudio Lavagna will continue leading the company, describing the partnership as "a fundamental strategic step" for development in the Italian hospitality market.RetryClaude can make mistakes.


Sources

Citation

Eurofound (2025), LVG Group, Business expansion in Italy, factsheet number 202771, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202771.