Flavio Briatore is on the verge of selling the premises of the Twiga chain. This was revealed by Il Giornale, according to which the entrepreneur is “one step away from an agreement” with Leonardo Maria Del Vecchio, one of the six children of Leonardo Del Vecchio, owner of Essilor Luxottica who passed away in the summer of 2022 at the age of 87.
Leonardo Maria Del Vecchio, 29 years old, is chief strategic office of EssiLux but in the last year he has opened five haute cuisine restaurants: three in the Brera district in Milan (Vesta, Casa Fiori Chiari, and Trattoria del Ciumbia), one in Marina di Pietrasanta (Franco Mare) and one in Paraggi, near Portofino (Le Carillon).
There are also five venues that Briatore has opened under the Twiga brand: the most famous is the one – with an adjoining bathing establishment – in Marina di Pietrasanta (therefore close to Franco Mare), then there are two in Montecarlo, one in London and one in Ventimiglia.
“I am now absorbed by Formula One, which is why I put the group on the market,” explains Flavio Briatore to The newspaper.
The person who has no intention of selling is his partner Dimitri Kunz D’Asburgo, partner of Daniela Santanchè, who holds 33% of Twiga in Marina di Pietrasanta.
Leonardo Maria Del Vecchio, for his part, can count on a large availability of liquidity despite the fact that an agreement on his father’s inheritance has not yet been reached between him and the other seven heirs, which could yield something like 4 billion euros each.
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