Moma Group welcomes Butler Industries as a significant minority shareholder

Benjamin Patou and Walter Butler intend to work together to accelerate Moma’s development and establish the company as one of Europe’s leading premium restaurant concepts, symbolising a unique “art de recevoir” in France and internationally.


Moma Group announced that Butler Industries has acquired a significant minority stake in the company. Walter Butler has been appointed as non-executive vice-president and Board member.


This strategic partnership is part of a shared long-term vision to accelerate the ambitious growth set by Moma Group to open more than 40 new venues by 2025, building on the strength of its iconic brands such as Lapérouse, Mimosa, Casa Amor and Noto in high-potential areas including the United States, the Middle East and major European capitals.


Over the last decade, Moma Group has established itself as a key operator in the events, hospitality and festive restaurant industries in France, deploying an end-to-end offering for its clients based on one ambition: to provide them with unique experiences in exceptional venues.


Butler Industries’ financial backing and wealth of experience are concomitant with an acceleration the history of Moma Group, as the company is set to unveil some fifteen new addresses over the next 12 months, including: 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; Mimosa in London, just weeks after the recent opening of Café Lapérouse in the British capital.


Since its inception in 1991, Butler Industries has developed recognised expertise in the restaurant and events industries, with significant investments in iconic assets such as Paradis Latin cabaret, Pierre Hermé, L’Ambroisie, Partouche, La Liste as well as several wine estates.


Commenting on the deal, Benjamin Patou, Founder and President of Moma Group, said: “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. 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.”


Walter Butler, Chairman of Butler Industries, also commented: “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.”


Transaction advisors


For Moma Group 

Financial advisors: Lazard (Jean-Philippe Bescond, Olivier Le Maire)

Legal advisors: White & Case (Guillaume Vitrich, Simon Martin Gousset), Oriamedia (Mathieu Davy, Juliette Martin, Juliette Hueber)


For Butler Industries

Legal advisors: BDGS (Antoine Bonasse, David Andréani, Anaëlle Rioufol), Taliens (Grégoire Triet, Emilie Gras), Jeantet (Laetitia Ternisien)

Due Diligences: June Partners (Fabrice Keller, Baptiste Giordano, Mégane Letainturier), KPMG (Florence Olivier, Bénédicte Perez)


Press contacts


Moma Group 

Alexandra van Weddingen                              Eléonore Barreyre

Alva                                                                 Alva

[email protected]           [email protected]

06 11 01 17 91                                                 06 48 17 52 22


Alexis de Maigret

Vae Solis

[email protected]

06 13 62 38 23

About Moma Group 

Moma Group offers its clients an integrated range of services: 800 employees working in four areas of the events industry – catering, venues, consultancy and shows. Recognised expertise in the creation of restaurants, unique venues and event strategies for companies, brands and institutions. As the owner of a number of unique establishments, the Moma Group is developing cutting-edge expertise in operations, communications and marketing as well as in the catering sector, drawing its success from its ability to bring together talent and personalities around strong concepts. For more information:


About Butler Industries

Founded in 1991, Butler Industries is a global industrial investor with offices in Paris, Shanghai, London and Singapore and a presence in 30 countries on 5 continents. The Group is involved in all phases of a company’s life and actively supports the implementation of long-term growth strategies. For almost 15 years, the Group has concentrated its investments in growth companies, start-ups and technology businesses, both in Europe and Asia. The Group’s main investments (outside the lifestyle division) are in the defence and security sectors, and in savings, through CorumButler. For further information:



Butler Industries Weaves its Web in Parisian Tourism

-Following the recent acquisitions of Paradis Latin, the triple Michelin-starred restaurant L’Ambroisie in Place des Vosges, and the Pierre Hermé patisserie, the investment holding company of Walter Butler is now investing in Come to Paris, according to public information related to this company. It is taking part in a funding round led by Jean Degiron, who has been managing this company specializing in the commercialization of leisure and tourism activity tickets in the capital since 2019. Advised by June Partners, Butler Industries succeeds the duo established in 2011. At that time, the company was acquired by a trio of buyers, supported by Socadif in a MBI. These buyers, who were no longer operational, along with Socadif, wanted to sell their shares, according to a person close to the matter.

Apart from the Covid period, Come to Paris has always been growing and in 2022, it reached a business level higher than in 2019, adds our source. The company managed to more than double in size in its previous capital cycle, as it reported a turnover of 4.2 million euros in 2011, a quarter of which was generated via the website (now sold). Its sales reached 8 million euros last year. Most of this business is still generated in Ile-de-France, mainly through the sale of dinner cruises, cabaret tickets, museum visits, and shows. Half of the clients booking on its website (translated into ten languages) are foreigners. This expertise was recognized by the Paris Tourist Office for the management of its online ticketing. Outside the capital, Come to Paris also initiated the development of this activity in the region with its brand Ticketeaser and in London with Come to London. The new shareholders want to push this development beyond the historical bases, particularly in Spain and Italy.”

Butler Industries Announces Majority Stake Acquisition in L’Ambroisie

Butler Industries, led by Walter Butler, announced today the acquisition of a majority stake in the Parisian restaurant L’Ambroisie, alongside its founder Bernard Pacaud. This transaction, conducted with the company’s own funds, without resorting to borrowing and with no time limit, includes the acquisition of the business and the walls of the establishment. The primary ambition of Butler Industries’ investment in L’Ambroisie is to reinforce its role as a flagbearer of French culinary excellence, while respecting its unique identity.

Since December 1986, L’Ambroisie, situated in the heart of Paris under the famous arcades of Place des Vosges, has been a gem in French haute cuisine, distinguished by numerous awards and honors. Bernard Pacaud, who remains the president, partner, and chef of the establishment he elevated to the pinnacle of global gastronomy, will continue to have full control over L’Ambroisie’s kitchen. His unique culinary skills, recognized worldwide and notably by the Michelin Guide where he has maintained three stars for thirty-seven consecutive years, contribute significantly to the restaurant.

L’Ambroisie is not just a restaurant, it’s L’Ambroisie, and Bernard Pacaud is not just a monument in world gastronomy, he represents a unique life journey, a reflection of France’s most extraordinary aspects. Bernard’s life exemplifies the importance of hope in our lives. For me, it’s an investment of both heart and reason in a jewel of French heritage. I am honored by the trust of Bernard and Danièle Pacaud and determined to continue their exceptional contribution to French culinary expertise. It is a great responsibility and a huge pride for me to work with Bernard and Danièle Pacaud to ensure L’Ambroisie remains the reference in French cuisine,” says Walter Butler, President of Butler Industries.

I am particularly proud to have made L’Ambroisie, with my wife Danièle, an institution in French gastronomy. It’s a craft passed down to me by Mère Brazier, the first woman to be awarded two triple Michelin stars. L’Ambroisie is my life’s work, founded on hard work, humility, rigor, attention to customers, and generosity. These founding values, bequeathed by my two mentors, ‘la Mère’ and Claude Peyrot – 3* Michelin stars – are what I strive to pass on to my clients and teams. Walter Butler’s project is a continuation of these values, and I am happy to ensure the future of this institution, which I will support with the same passion that has driven me for sixty years,” states Bernard Pacaud, founder and chef of L’Ambroisie.


Solidarity: on 22 March, the Paradis Latin will play for Ukraine

The Left Bank cabaret is offering its dinner show next Tuesday for only 100 euros and will donate all the proceeds to Ukraine. Other support evenings will be held in Paris in the coming days.

La recette du dîner-spectacle « L’Oiseau Paradis » (ici en septembre 2021) du mardi 22 mars sera versée à des associations ukrainiennes. LP/Olivier Corsan

“We had both Ukrainian and Russian artists in the troupe, but beyond that, what is happening on the borders of Europe staggers us all, and we asked ourselves what we could do to support the solidarity movement,” explains Walter Butler, owner of the Paradis Latin. “The idea of a special evening was born, it will be on Tuesday 22 March and all the proceeds will go to help the Ukrainians.

The price of the dinner-show has been set at 100 euros – a lower price including drinks to benefit from the same menu signed by Guy Savoy as usual – that is to say a hoped-for revenue of at least 50,000 euros, says the owner. “We are going to make an appeal for donations to increase this amount even further,” he adds. Because “given the evolution of the situation, it is now that the Ukrainians need rapid humanitarian aid”, the businessman plans to give the amount directly to Ukrainian associations.

“The idea is to provide targeted and rapid aid,” he says, assigning a former member of the Ukrainian cultural centre in France to select the beneficiaries. If no one is identified, the money will go to the Red Cross. “Every penny spent will go to help Ukrainians,” he says. Before offering “L’Oiseau Paradis”, the revue by Kamel Ouali, the cabaret will offer a special concert instead of its usual pre-show during which dinner is served. “Imagine”, “L’Envie d’aimer”, “Over the Rainbow”, or “Quand on n’a que l’Amour”, about fifteen songs will be performed by seven singers, including Cyril Cinélu, Sofiane or Amalya, but also the Ukrainian Yana Brillitskaya, who will sing the anthem of her country.

Soirée de soutien a l'Ukraine au Paradis Latin

Source : Le Parisien

Butler Industries acquires SeaOwl


A few weeks after its acquisition of Pierre Hermé’s macaroons, Butler Industries has signed a new deal. It is taking over the maritime services company SeaOwl, thus returning to a sector it loves. The former SNCM shareholder is taking over the entire capital, which had been shared since 2015 between Cathay Capital (around 40% of the shares) and private French and Italian shareholders. It will also associate the manager Xavier Genin and his teams, whose weight should grow. The investor will provide full equity financing, leaving only the bank loans in place (mainly related to the financing of the ships), and will pay off the mezzanine put in place by Trocadero Capital in 2017.

Founded in 2008, SeaOwl divides its activity between two main sectors: the energy sector, where it provides maintenance of offshore assets for industrial companies such as TotalEnergies, Naval Group and TechnipFMC, and the defence sector, where it assists national navies in their actions at sea, through technical support and training missions. The company has been in the news for having obtained, in 2020, the first French navigation permit for a remotely operated boat. The first contracts for the marketing of this know-how are currently being negotiated. The group, which has 1,300 employees, has a turnover of over €100 million and an EBITDA margin of around 10%. Active in 32 countries via some fifteen subsidiaries, it derives 80% of its revenues from abroad, mainly in Asia and Africa. The objective is to continue its development in these regions as well as in the Middle East, while accelerating investments in the fields of remote ship operation and marine drones.

Other business services SeaOwl Turnover: €100m Ile-de-France

Butler Industries: Walter Butler, Laurent Parquet, David Movahhedi – Buyers’ advisors: due diligence: financial: June Partners (Fabrice Keller, Baptiste Giordano); legal: KPMG Avocats (Vincent Lacombe, Florence Olivier, Albane Eglinger), strategic: Advention Business Partners (Alban Neveux, Iska Pivois); legal: BDGS (Antoine Bonnasse, Jérôme du Chazaud, Yaëlle Cohen) – Buyers’ advisors: Oddo BHF Corporate Finance (Nicolas Ecot, Xavier Lalau Keraly), Invest Corporate Finance (Christophe Marchand), Hetland Maritime (Philippe Hetland Brault, Sixte de Gastines); VDD: financial: EY (Laurent Majubert, François Estin), tax: EY Société d’Avocats (Sandrine Gobaut, Sigrid Cassagne), strategy: Archery Strategy Consulting (Rémy Bonnery); legal: Hogan Lovells (Stéphane Huten, Ali Chegra)

Source: Capital Finance

Butler Industries acquires Pierre Hermé pastries


Pierre Hermé is reconfiguring its capital. The high-end pastry shop, known in particular for its macaroons, is joining forces with Butler Industries as a majority shareholder. The industrial investor, who is financing the operation entirely with equity, will take about two thirds of the capital, according to AFP. It thus offers an exit door to LOG Investment, the investment holding company of the L’Occitane group, which had acquired a minority position in 2015, before taking control four years later. The chef, crowned best pastry chef in the world in 2016, will retain his stake. Founded in 1997, the company has grown strongly in Asia, particularly in Japan, where it makes nearly 40% of its recipes. It now has around sixty points of sale, mainly in France, Germany, the United Kingdom and Asia, enabling it to approach €100m in turnover. This was €50m in 2015.

The group, which employs nearly 500 people, is expected to further expand its network in France and abroad, focusing in particular on railway stations and airports. Partnerships with luxury hotels are also being considered, while online sales, which have tripled since the beginning of the health crisis, should continue to grow.

Butler Industries: Walter Butler, Laurent Parquet, David Movahhedi – Investor advice: due diligence: financial: Eight Advisory (Shafik Hosni, Louis Aucomte, Arthur Lantier), legal: KPMG (Xavier Houard, Albane Eglinger, Florence Olivier); legal: BDGS (Antoine Bonnasse, Jérôme du Chazaud, Yaelle Cohen) – Advisors to the seller: financial: CFI France – Athema (Jean-Marc Teurquetil, Laetitia Ep, Charles Watelet); VDD financial: PwC (Philippe Serzec, Rachel Aoust); legal: Steering Legal (Nuno de Ayala Boaventura, Agathe Martin)

Source: Capital Finance

With Kamel Ouali, the Paradis Latin offers a grandiose show brought up to date

Le Paradis Latin : le + Ancien Cabaret de Paris | Site Officiel

The dean of Parisian cabarets has entrusted the choreographer with his new revue L’Oiseau Paradis. A show brimming with energy, where tradition and modernity dialogue brilliantly.

“The show must go on”. Yes, but not just any old way. After a year of forced closure, the Paradis Latin is making a strong comeback with the revival of its new revue L’Oiseau Paradis, first launched in 2019. Directed by renowned choreographer Kamel Ouali, it is placed under the sign of humour and irreverence, where tradition and modernity collide in a real lesson in style.
For nearly two hours, Kamel Ouali unfolds his colourful universe through eighteen breathtaking tableaux, punctuated by the dance steps of a supercharged troupe. But if the choreographer, a great fan of music hall, respects certain cabaret codes to the letter, he also has fun revisiting them. Tradition dictates that two lovers dance the farandole in Montmartre, while a vocalist arches her back in a scarlet suit of lights, singing Beyoncé hits.

But the show is punctuated by more contemporary touches, which give it depth and originality. If we start to move our elbows on ABBA’s hits, we are especially delighted by a more audacious soundtrack that lets out new wave or electro, tracks ranging from Depeche Mode to Alain Bashung.

Amidst the frills, feathers and sequins, the light shows and 3D videos leave the guests speechless. One thinks of the trompe-l’oeil show of the showgirl Solen Shawen, who, in flesh-coloured underwear, metamorphoses into a humanoid under computer-generated images. The magic also works overhead with artists floating in the air, suspended from Pegasus, the winged horse of Greek mythology, descending from the sky.

In total, nearly fifteen exceptional sets accompany the show, designed by Alain Lagarde, a creator renowned for his sets for operas, musicals and plays. In addition, there are 500 signature costumes (flashy dresses, lion headdresses and bird feathers) created by the fashion house On aura tout vu, which has collaborated with Katy Perry.

A magazine in her image

The watchword is celebration, but it rhymes with current events. The choreographer reveals himself through his portraits, and does not hesitate to make a few winks at the causes that are dear to him. Like the ballet of jellyfish on the opera of Lakmé suddenly swallowed up by a pile of rubbish.

As far as the cast is concerned, we are enchanted by the warm voice of singer Cyril Cinélu, the winner of Star Acacemy 6, accompanied by drag queen Icee Drag On (La France a un incroyable talent). The same goes for the successful and very colourful dinner by chef Guy Savoy. On the plates, semi-cooked foie gras with Guérande salt, cod steak, sweet potato “like a brandade” and lemon verbena dessert (the dinner-show is from 140€).

A flawless performance by Kamel Ouali who signs a daring and perfectly balanced revue, between dance, music, humour and decadence. “The show must go on”.

Le Paradis Latin, 28, rue du Cardinal Lemoine (5e).

 Source: Le Figaro

Construction: Fayat strengthens its position in the smart city with NXO

France’s number four construction company is buying a former Alcatel subsidiary from the Butler Industries fund after acquiring a sweeper manufacturer in the spring, thus becoming the world’s number one in the sector. At the end of 2020, the family-owned group became the fifth company to be owned by a foundation.

NXO, qui maîtrise les technologies du numérique, est bien implanté avec 36 agences dans toute la France.

NXO, which masters digital technologies, is well established with 36 branches throughout France. (NXO)

With the acquisition of NXO (ex-NextiraOne) from the Butler Industries fund, the Fayat group is continuing its external growth strategy. The French number four in the construction industry bought this former Alcatel subsidiary for almost 100 million euros, according to “Capital Finance”. “This company was not for sale but we were interested in it. We want to develop in digital technology, an essential tool for the advent of the concept of smart cities,” explains Jean-Claude Fayat, who heads the family construction group with his brother Laurent. NXO is an IT services company specialising in the implementation and management of digital network infrastructures for companies and local authorities.

The Fayat group, number four in the French construction industry with a turnover of 4.1 billion euros last year, has been communicating for years about the challenges of the intelligent city, but has remained a modest player in this growing sector, which is essentially based on digital technology. Its subsidiary Semeru, which specialises in the installation of sensors and the use of data (rainwater management, vehicle metering, building supervision, etc.), had a turnover of only 48 million euros in 2020. With NXO, which has a turnover of €250 million for 1,250 employees, the construction group is acquiring a well-established player with 36 branches throughout France. “The synergies between Semeru and NXO and the potential for development are very significant. We already have a lot of contacts,” says Jean-Claude Fayat.

World leader in sweepers

The Fayat group, founded in 1957 by Clément Fayat, has historically had several areas of expertise. Construction, its original business, still generates two thirds of its turnover. The various construction sites of the Greater Paris area account for approximately 1 billion euros of turnover. It has also diversified into industry with a series of acquisitions in the world of construction machinery, particularly road equipment and city sweepers.

Last spring, the Bordeaux-based group continued its shopping spree by acquiring the Italian sweeper manufacturer Dulevo, which has a turnover of 70 million euros. This completes the range of products offered by Ravo, Scarab and Mathieu, but above all it increases in size. With a total turnover of 250 million euros, it now claims a 20% share of the world market, making it number one.

The group, which at the end of last year became the fifth French company to be owned by a foundation, is also launching a communication and recruitment campaign. The group, which is aiming for a turnover of 4.6 billion euros this year, has the ambition to recruit 1,000 employees over the next three years.

Source : Les Echos

At the Paradis Latin, chef Guy Savoy whets our appetite

Three stars in the Michelin guide, at the top of the list of the 1000 best restaurants in the world, Guy Savoy will create four menus a year for the cabaret on the Left Bank.

 Guy Savoy concoctera les menus des soirées de Noël et du Nouvel An.

The “Paradis Latin” style salmon heart, caviar tarama”, “Foie gras semi-cooked with Guérande salt, smoked tea jelly, bitter orange”, “Paradis Latin iced nougat”… We are already licking our lips. At the Paradis latin, the show and the party are obviously on the stage where Iris Mittenaere has been performing for the last six months, leader of the revue “l’Oiseau Paradis” imagined by Kamel Ouali. The taste buds will also soon be in for a treat.

From 1 January 2020 – if we don’t count the Christmas and New Year’s Eve evenings for which he will concoct the menus – the menu of the Left Bank cabaret will be signed Guy Savoy. Three Michelin stars and the fourth consecutive year that he has topped the list of the world’s 1,000 best restaurants with his establishment at La Monnaie de Paris (6th arrondissement), the chef “will prepare four menus per year, one per season, i.e. 64 different dishes”, says Walter Butler, the owner of the premises.

Increasing numbers of visitors

“First of all, we asked ourselves if it was possible to serve quickly in order to meet the constraints of the cabaret while maintaining the quality of each dish. The selection of suppliers, the creation of teams under the supervision of the chef who trained them, the complete renovation of the kitchens “entirely rebuilt according to his wishes”, and the testing of the dishes, “this partnership is the result of a long period of work, almost a year”, continues Walter Butler.

“But make no mistake, people are not going to go to Guy Savoy, it’s a completely different experience, but the menus are prepared by his team with the guarantee of exceptional quality,” he continues. As for prices, they are not increasing with two show menus, the Gustave Eiffel and the Prestige, at 150 and 190 euros respectively.

Taken over a year ago, restored from top to bottom, the Paradis Latin continues its transformation with a certain success and an increasing number of visitors. “We have had a very strong increase in attendance, our rooms are full,” says Walter Butler, who emphasises his “very Parisian” clientele. “There really is a clientele from the capital that comes and returns, it is the one that is increasing the most.

Source: Le Parisien

Butler Industries is proud to support the Noukou association

Butler Industries announces a partnership with Noukou.

Noukou is a humanitarian organization that aims to provide assistance to Togo’s children in emergency  by providing food, care and access to education. With more than 45 projects since 2013, Noukou is to improve living conditions in the perspective of sustainable and autonomous development.

“We attach great importance to humanitarian projects. Noukou is a young dynamic organization offering quality projects. We are pleased and very proud to support its projects. ” Mr. Walter Butler, president of Butler Industries.

“Mr. Walter Butler chose Noukou our association for the quality of its projects, its dynamism and the follow-up of its commitments. His contribution allows us to calmly finalize the purchase of land by realizing this great project. We are pleased to see that a large group and a small association like ours can share the same human values. “Karine Benoit, Founder Noukou.

For more information about Noukou :