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Erqole expands its Italian portfolio with the acquisition of Boutique Hotel Torre di Cala Piccola on Argentario Island

PRIVATEApr 02, 2024

Acquiring Company

Erqole

Acquired Company

Boutique Hotel Torre di Cala Piccola

Porto ErcoleMonte ArgentarioHospitalityHotelHospitalityHotel

Description

Erqole, a family-run business within the Swedish group, Qarlbo AB, has strategically acquired Boutique Hotel Torre di Cala Piccola, enriching its portfolio in Argentario and furthering its planned investment and renovation efforts. This acquisition aligns with Erqole's vision of long-term revitalization of the region and the provision of high-quality, sustainable hospitality experiences.

Quick answer

Erqole is acquiring Boutique Hotel Torre di Cala Piccola, announced April 2, 2024. Erqole is based in Porto Ercole, Tuscany, Italy.

How much did Erqole pay for Boutique Hotel Torre di Cala Piccola?
The deal value was not disclosed.
What does Erqole do?
Erqole is a family-run business that owns and manages LA ROQQA and Isolotto Beach Club in Porto Ercole, an Italian town located in the municipality of Monte Argentario.
Where are Erqole and Boutique Hotel Torre di Cala Piccola based?
Erqole is based in Porto Ercole, Tuscany, Italy. Boutique Hotel Torre di Cala Piccola is based in Monte Argentario, Tuscany, Italy.

Source: Fundz verified event record.

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Company Information

Company

Erqole

Location

Porto Ercole, Tuscany, Italy

About

Erqole is a family-run business that owns and manages LA ROQQA and Isolotto Beach Club in Porto Ercole, an Italian town located in the municipality of Monte Argentario. As a company within the Swedish group, Qarlbo AB, Erqole is focused on strategic investments in the hospitality sector, with a long-term vision of revitalizing the region and providing high-quality guest experiences.

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Frequently asked

Who acquired Boutique Hotel Torre di Cala Piccola?

Boutique Hotel Torre di Cala Piccola was acquired by Erqole, based in Porto Ercole. The deal was reported on April 2, 2024. Erqole is a family-run business that owns and manages LA ROQQA and Isolotto Beach Club in Porto Ercole, an Italian town located in the municipality of Monte Argentario. Erqole is privately held and operates in Hospitality.

When did Erqole acquire Boutique Hotel Torre di Cala Piccola?

Erqole's acquisition of Boutique Hotel Torre di Cala Piccola was reported on April 2, 2024. Erqole, a family-run business within the Swedish group, Qarlbo AB, has strategically acquired Boutique Hotel Torre di Cala Piccola, enriching its portfolio in Argentario and furthering its planned investment and renovation efforts. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Boutique Hotel Torre di Cala Piccola do?

The Boutique Hotel Torre di Cala Piccola, previously owned by Cala Piccola SpA for 30 years, is now part of Erqole's expanding Italian portfolio. It is privately held, operating in Hospitality, and is based in Monte Argentario.

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