Butler Industries, under the leadership of Walter Butler, has recently acquired a minority stake in Moma Group, a prominent player in France’s events, hospitality, and festive restaurant industries. This acquisition marks a significant partnership between Benjamin Patou, the founder and president of Moma Group, and Walter Butler. Together, they aim to work towards the group’s ambitious growth targets.
Moma Group is renowned for its iconic brands, including Lapérouse, Mimosa, Casa Amor, and Noto. The group has set its sights on opening over 40 new venues by 2025, and the strategic partnership with Butler Industries will play a crucial role in achieving this goal. In fact, approximately fifteen new addresses are set to be unveiled within the next year alone.
Among the new locations planned for expansion are Noto in Marrakech, Mimosa, Café Lapérouse, Noto, and Manko in Saudi Arabia, Manko in Athens, Casa Amor in Dubai, Café Lapérouse in Miami, Noto in Nice, and Mimosa in London. This ambitious expansion plan comes shortly after the recent opening of Café Lapérouse in London.
Benjamin Patou expressed his excitement about the partnership, saying, “I am thrilled to welcome Butler Industries and Walter Butler to the Moma Group family, along with Patrick Bruel and Eric Sitruk, who remain fully committed. As entrepreneurs who share a passion for hospitality and the French way of life, we, together with Walter Butler, aspire to further enhance Moma Group’s reputation beyond the borders of France. With this investment, Moma Group gains a new partner with significant financial resources, dedication, and expertise to accelerate its profitable growth and create valuable synergies between our brands.”
Butler Industries, established in 1991, brings extensive expertise in the restaurant and events industries. They boast substantial investments in notable assets such as Paradis Latin cabaret, Pierre Hermé, L’Ambroisie, Partouche, La Liste, and various wine estates. Additionally, the acquisition includes the appointment of Walter Butler as the vice-president of the board of directors, further solidifying his involvement in Moma Group’s future strategic direction.
Walter Butler expressed his enthusiasm about the partnership, stating, “I am extremely pleased for Butler Industries to become the leading minority shareholder of Moma Group today, alongside Benjamin Patou, and to be associated with someone who contributes to the global influence of French art de vivre. This investment signifies much more than just financial gain; it is an investment in French expertise in the art of living and in a long-term project.”
The partnership between Butler Industries and Moma Group signifies a promising collaboration that will propel the growth and international presence of the group’s esteemed brands. With the combined resources, commitment, and expertise of both parties, Moma Group is well-positioned to expand its reach and cement its position as a leader in the events, hospitality, and festive restaurant industries.
Useful links:
Moma Group Official Website
Butler Industries Official Website
