The Lucien Barrière Group has acquired a majority stake in Loulou Group, aiming to enhance their high-end dining offerings through a strategic partnership.

Information on the Target

The Loulou Group, rooted in a rich heritage of Parisian gastronomy, has swiftly made its mark with a collection of iconic dining venues located in breathtaking locales. Their properties are known for their elegance and authenticity, including locations in Paris at the Musée des Arts Décoratifs, the stunning Pampelonne beach in Ramatuelle, and a historic site in Roquebrune Cap-Martin on the French Riviera. Over the past decade, founders Gilles and Claire Malafosse have built a brand that harmoniously blends sophisticated dining with a relaxed atmosphere, establishing a unique culinary identity that leaves a lasting impression on guests.

Industry Overview in France

The French restaurant industry is a vital component of the country's hospitality sector, renowned for its emphasis on quality, tradition, and culinary artistry. France has a dynamic dining culture, where both local and international tourists seek refined gastronomic experiences. As consumer preferences evolve, there is a strong demand for innovative dining concepts that maintain authentic French values while integrating modern trends.

Currently, the high-end dining market in France is experiencing significant growth, driven by increased tourist activity and a booming interest in luxury experiences