Fondo Italiano d'Investimento SGR S.p.A and Eulero Capital S.p.A. have acquired a minority interest (37%) in HNH Hospitality S.p.A. ("HNH Hospitality" or the "Company") from Siparex.

HNH Hospitality, founded in 1999 from the initiative of the Boccato family, a leading Italian independent hotel operator in the 4- and 5-star hotel and resort segment. The Company manages 16 hotels, including 13 in major Italian cities, under brand licences agreements with major international hotel chains (Hilton, IHG, Accor and Best Western) in properties owned by important institutional players active in the Italian real estate sector (Allianz, Generali, Castello, Reale Immobili), and 3 highly successful tourist resorts in Lido di Jesolo, Sicily and Sardinia, managed under the proprietary brand Almar.

HNH Hospitality in recent years has demonstrated an excellent ability to overcome the negative contingencies imposed by the Covid-19 pandemic, acquiring in the last 4 years the management of 9 new major hotels, one of which, the TimiAma in Villasimius, right at the beginning of 2023. All this is accompanied by a significant focus on ESG issues, which play a central role in HNH's strategic choices.

Vitale acted as financial advisor to the sellers.