Global Hotels Real Estate Ltd to invest €166m in Gruppo Barletta

Gruppo Barletta S.p.A., an investment holding active in the hospitality, real estate, lifestyle, and experiential infrastructure sectors, has signed a binding agreement for the entry of Global Hotels Real Estate Ltd into its share capital. Global Hotels Real Estate Ltd is the investment vehicle of the Saudi El-Khereiji family. Simultaneously, FIDIM, belonging to the Rovati family, will further strengthen its existing stake within the group.

The investment, executed through a capital increase of €166 million, is designed to support the group’s industrial growth and consolidation plan, particularly in view of upcoming extraordinary operations related to Arsenale S.p.A., a subsidiary controlled by Gruppo Barletta.

Pirola Pennuto Zei & Associati assisted Global Hotels Real Estate Ltd with a team led by partner Vittorio Muschitiello and included associate partner Marcello Guerzoni, and associates Simone Cadamuro, Greta Mariani, and Lavinia Quaglio. The firm managed all corporate, real estate, and M&A legal profiles of the investment operation, which was carried out via a capital increase in Gruppo Barletta S.p.A. and Arsenale S.p.A.

Gruppo Barletta S.p.A. and Arsenale S.p.A. were assisted by an internal team comprising Mario Cappon, chief financial officer, and Nicola Adile Diego Vacca, chief legal officer, who coordinated the legal and financial aspects of the transaction.