Butler Industries acquires minority stake in Moma Group

Walter Butler and his group Butler Industries has acquired a minority stake in Moma Group, a key player in the events, hospitality, and festive restaurant industries in France. 

The group, behind iconic brands such as Lapérouse, Mimosa, Casa Amor and Noto, has set ambitious growth targets, and intends to open more than 40 new venues by 2025. The strategic partnership with Butler Industries is a crucial step towards achieving this vision. 

In particular, the collaboration will enable the unveiling of approximately fifteen new addresses over the next 12 months. Locations will include 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, just weeks after the recent opening of Café Lapérouse in the British capital. 

“I am delighted to welcome Butler Industries and Walter Butler to the capital of Moma group, alongside Patrick Bruel and Eric Sitruk, who remain fully committed,” said Benjamin Patou, founder and president of Moma group. 

“As entrepreneurs with a passion for hospitality and French savoir-vivre, we share with Walter Butler the desire to continue to build Moma group’s reputation beyond France’s borders. With this investment, Moma group can count on a new partner with significant financial resources, commitment and expertise to accelerate its profitable growth and create interesting synergies between our brands.” 

Founded in 1991, Butler Industries has garnered expertise in the restaurant and events industries, with substantial investments in renowned assets like Paradis Latin cabaret, Pierre Hermé, L’Ambroisie, Partouche, La Liste, and various wine estates.

The transaction also includes the appointment of Walter Butler as the vice-president of the board of directors.

“It is a great pleasure for me and for Butler Industries to become today the leading minority shareholder of Moma group, alongside Benjamin Patou, and to be associated with a personality who contributes to the influence of French art de vivre throughout the world. Much more than a financial investment, this is an investment in French expertise in the art of living, and in a long-term project,” said Walter.