Sal Service Srl Enters Löwengrube and Tosca: Strategic Partnership for Sustainable and Accelerated Growth

Milan, May 14, 2025 – Löwengrube and Tosca Eccellenze Toscane are pleased to announce the opening of their capital to Sal Service Srl, consolidating an already established joint venture. This strategic agreement, which combines industrial vision, quality of offering, and strong territorial roots, marks the beginning of a proactive and sustainable growth path for both brands. Pietro Nicastro and Monica Fantoni will remain central and strategic figures in the project, while Sal Service, with its extensive experience in the real estate sector (commercial and beyond), and the appointment of Fabrizio Tonfoni as the next General Manager, will bring significant acceleration to development.

Sal Service’s expertise will be crucial in identifying the best locations in major cities and shopping centers, both in Italy and abroad. For Löwengrube, development will be predominantly direct, supported by innovative financial instruments that will allow for significant savings on Capex costs, accelerating network expansion. The plan already includes two new openings by the end of 2025, including one at Waterfront Genova, with a growth rate of at least 3-4 new openings per year. For Tosca Eccellenze Toscane, a “mixed” development model will be prioritized, leveraging existing agreements with partners while also evaluating direct development.

This strategic alliance strengthens Löwengrube’s and Tosca’s market position, preparing them to face future challenges with a long-term vision and to seize new opportunities for shared development.