Lmdv Capital has entered with a 13.78% stake in the capital of Leone Film Group, an independent Italian company active in the production and distribution of audiovisual products. For the family office of Leonardo Maria Del Vecchio, this is the first investment in the Italian audiovisual sector.
“Leone Film Group is a name that honors Italian culture in the world. We are very proud to be able to link ourselves to a group that preserves and renews such a prestigious family tradition on an international level – declared Del Vecchio -. The objective of the agreement , in full harmony with our corporate philosophy, is to support the strengthening of Italian excellence by promoting the success of Made in Italy on the main international markets. We are convinced that we can actively contribute to the continuous development of an important reality such as Leone Film Group by offering the our contribution to the development of a strategic industry for the economy, image and creative wealth of our country”.
Satisfaction is also expressed by Raffaella and Andrea Leone who will remain the majority shareholders. “The partnership with Lmdv Capital marks a new, significant step forward for the group, accelerating the common goal of consolidation and growth in such a fundamental sector”, stated Andrea Leone.
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