Limestone Capital Completes Strategic Acquisitions to Expand European Presence

On February 21, 2025, 029 Group SE announced that its portfolio company, Limestone Capital AG, has completed two strategic acquisitions. This marks an expansion in major European markets. Firstly, Limestone Capital acquired Nobu Hotel London Shoreditch, a five-star hotel in East London. This acquisition is part of Limestone's strategy to invest in design-led hospitality assets in key urban areas.

Benjamin Habbel, CEO of Limestone Capital, highlighted the significance of the investment amidst strong demand in the London hospitality market. Additionally, Limestone Capital secured a majority stake in LOISIUM Wine & Spa Hotels, with plans to open four new hotels in Italy and France, supported by a €100 million investment.

This move strengthens Limestone Capital's portfolio in the experiential hospitality sector, with LOISIUM focusing on blending regional authenticity and modern hospitality.