Global investment firm Carlyle is currently in discussions with L Catterton regarding the potential sale of a well-known resort located in Sintra, Portugal, according to individuals familiar with the matter.
The resort, recognized as one of the region’s most prominent hospitality properties, has attracted interest from L Catterton, a private equity group with a focus on consumer brands. Sources indicate that the talks are ongoing, and there is no certainty that an agreement will be finalized.
Carlyle acquired the Sintra resort several years ago and has since overseen its operations and development. The property is situated in a popular tourist destination, drawing visitors from both Portugal and abroad.
Representatives for Carlyle and L Catterton declined to comment on the ongoing negotiations. The financial details of the potential transaction have not been disclosed, and the timeline for a possible sale remains unclear.
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