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LMDV Capital Takes Full Control of Boem to Lead Relaunch

The move follows heavy losses, with early‑2025 revenue acceleration cited as the basis for a turnaround.

Overview

  • LMDV Capital, the family office of Leonardo Maria Del Vecchio, has assumed 100% ownership of Boem to steer a brand relaunch and international development.
  • Founders Fedez and Lazza give up control but remain involved as brand ambassadors in Italy.
  • Boem reports that the first four months of 2025 generated revenue 69% above the entire 2024 result, supported by two new variants launched in May, a refreshed visual identity, and broader horeca and GDO distribution.
  • Recent financial statements show losses of about €1.85 million in 2023 and more than €3.1 million in the latest year.
  • The company plans to strengthen retail channel presence and begin international expansion in Finland and the United Kingdom, after LMDV first became majority owner through a roughly €3 million capital increase.