Queensgate

FB Roundup: Gautam Adani, Todd Boehly, Guy Hands

May 25, 2022

In this week’s FB Roundup, Gautam Adani’s family office invests in an Abu Dhabi petrochemicals firm; the Todd Boehly-led consortium is officially approved as new Chelsea FC owners; and British tycoon Guy Hands bids to buy Butlins holiday camps.

Gautam Adani’s family office invests in Abu Dhabi petrochemicals firm
The family office of Asia’s richest man, Gautam Adani, has committed to invest $75 million in an Abu Dhabi-based petrochemicals firm as part of a $2 billion initial public offering (IPO) - the biggest-ever listing in the United Arab Emirate (UAE) state.

FB Roundup: Illy, Queensgate Investments, and EssilorLuxottica

March 20, 2019

Italian coffee giant Illy buys British chocolatier Prestat, Queensgate Investments buys four Grange hotels, and Luxottica founder allays fears as EssilorLuxottica seeks new chief executive.

Italian coffee giant Illy buys British chocolatier Prestat

Italian family firm Illy Group has acquired historic British luxury chocolate maker Prestat as it looks to expand its portfolio of premium brands.

Prestat is Buckingham Palace’s chocolate truffle supplier and is said to be the inspiration for Roald Dahl’s book Charlie and the Chocolate Factory.