on Mendarion SE (isin : DE000A2LQ2D0)
Limestone Capital Invests in Nokken to Boost Global Expansion
029 Group SE has announced that its portfolio company, Limestone Capital AG, has acquired over 30% of Nokken. The UK-based company is known for its design-led modular cabins. This investment aims to accelerate Nokken’s international growth, focusing on Europe, the UK, the US, Asia, and Australasia.
Nokken is redefining retreat hospitality, offering nature-immersive stays as an alternative to urban developments. The investment will help Nokken form strategic partnerships and enhance its supply chain.
Both Limestone's expertise and Nokken's innovative, low-impact designs cater to the rising demand from environmentally conscious travelers. This partnership is poised to lead in sustainable hospitality, setting new standards in experience-rich travel.
R. H.
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