LALIQUE GROUP SA EQS-Adhoc: Lalique Group acquires the Château Lafaurie-Peyraguey hotel and restaurant

Transparency directive : regulatory news

21/07/2021 07:06

EQS Group-Ad-hoc: Lalique Group SA / Key word(s): Takeover
Lalique Group acquires the Château Lafaurie-Peyraguey hotel and restaurant

21-Jul-2021 / 07:06 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.


MEDIA RELEASE - Ad hoc announcement pursuant to Art. 53 LR

Lalique Group acquires the Château Lafaurie-Peyraguey hotel and restaurant and opens The Glenturret Lalique Restaurant - further strengthening its hospitality business

Zurich, 21 July 2021 - Lalique Group SA (SIX: LLQ), which is active in the creation, development, marketing and worldwide distribution of luxury goods, is today announcing the acquisition of the Château Lafaurie-Peyraguey hotel and restaurant, which is based in the Bordeaux region and has been operating under the Lalique brand on a licensing basis since 2018. Further, Lalique Group will open the new The Glenturret Lalique Restaurant in Scotland at the end of July. The Group is thus further strengthening diversification in its hospitality business, which now comprises four exclusive establishments that embody the Lalique world and help to promote the Lalique brand.

The five-star Château Lafaurie-Peyraguey hotel and restaurant opened its doors in June 2018 and has since operated under the Lalique brand on a licensing basis. More than 400 years old, the château has three suites and ten guest bedrooms as well as a Michelin star restaurant that can seat 40 diners, while the recently opened summer terrace in the courtyard can seat up to 70 guests. The château/restaurant is managed by Michelin-starred chef Jérôme Schilling, previously executive chef at the Villa René Lalique which is also part of the Group. The hotel, which also has a 'Relais & Châteaux' designation, has been furnished and decorated in the Lalique style. Located less than 40 kilometres from Bordeaux, the château - whose Sauternes wine has been classified as a Premier Grand Cru Classé since 1855 - has a wine cellar and a Lalique boutique, attracting visitors from all over the world year after year.

Château Lafaurie-Peyraguey becomes part of Lalique Group
As a result of the transaction, which was completed yesterday with retroactive effect on July 1, 2021, Lalique Group acquired all of the shares in the Château Lafaurie-Peyraguey hotel and restaurant through its Paris-based subsidiary Lalique SA for a purchase price of EUR 4.4 million. The shares were previously 75% owned by Lalique Group's Chairman and main shareholder Silvio Denz, with 25% held by the investment company Centinox Holding AG. In future, the hotel and restaurant's operating company will be fully consolidated in Lalique Group's financial statements.

Roger von der Weid, CEO of Lalique Group, stated: "We are pleased that Château Lafaurie-Peyraguey hotel and restaurant now belongs to our Group and welcome its employees to Lalique Group. We look forward to make this château - an impressive symbol of the world of Lalique in the beautiful Bordeaux region - even more successful and renowned. We plan to make greater use of joint initiatives with the Group's other gastronomic establishments, especially in the areas of marketing and communications."

New Lalique gourmet restaurant in Scotland
As previously announced, The Glenturret - Scotland's oldest working distillery for single malt whisky - will feature a new Lalique gourmet restaurant. Headed by star chef Mark Donald, the new restaurant will open on 28 July 2021. It promises a unique gastronomic experience on five evenings per week. Visitors to the popular visitor centre at The Glenturret, which has also been renovated in the Lalique style, will be served afternoon tea in the elegant salon or can enjoy an exquisite lunch in the Lalique Bar.

The Group thus now has four gastronomic establishments: Villa René Lalique and Château Hochberg in Wingen-sur-Moder, Château Lafaurie-Peyraguey in Bordeaux, and The Glenturret Lalique Restaurant in Crieff, Scotland. Having had to close last year and this year due to Covid-19 restrictions, the Group's hotel and gastronomic establishments have now reopened and continue to comply with the current protective measures.

Roger von der Weid stated: "With our restaurants and hotels, we want to offer our guests locations where they can experience the Lalique lifestyle and immerse themselves in the world of crystal, gastronomy and hospitality. Our establishments are an excellent brand ambassador for us, through which we can further raise the profile of Lalique."

Images and further information about the Château Lafaurie-Peyraguey hotel and restaurant and The Glenturret Lalique Restaurant can be downloaded here:

Château Lafaurie-Peyraguey :
www.lafauriepeyragueylalique.com/pressroom

The Glenturret Lalique Restaurant:
https://theglenturret.zenfolio.com/f936719942 password: Glenturret1


Media contact
Lalique Group SA
Esther Fuchs
Senior Communication & PR Manager
Grubenstrasse 18
CH-8045 Zurich

Phone: +41 43 499 45 58
e-mail: esther.fuchs@lalique-group.com

 

Lalique Group
Lalique Group is a niche player in the creation, development, marketing and global distribution of luxury goods. Its business areas comprise perfumes, cosmetics, crystal, jewellery, high-end furniture and lifestyle accessories, along with art, gastronomy and hospitality as well as single malt whisky. Founded in 2000, the company employs around 680 staff and has its headquarters in Zurich. The Lalique brand, from which the Group derives its name, was created in Paris in 1888 by the master glassmaker and jewellery designer René Lalique. The registered shares of Lalique Group SA (LLQ) are listed on the SIX Swiss Exchange.

You can find further information at: www.lalique-group.com.



End of ad hoc announcement
Language: English
Company: Lalique Group SA
Grubenstrasse 18
8045 Zürich
Switzerland
Phone: 043 499 45 00
Fax: 043 499 45 03
E-mail: info@lalique-group.com
Internet: www.lalique-group.com
ISIN: CH0033813293
Valor: A0M1KL
Listed: SIX Swiss Exchange
EQS News ID: 1220472

 
End of Announcement EQS Group News Service

1220472  21-Jul-2021 CET/CEST

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