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A controlling share of the group that operates Tao, Hakkasan, Omnia, Marquee, Wet Republic and Lavo was acquired after a bidding process by Mohari Hospitality.
Tao Group, a longtime creator of hot global nightlife brands and fine dining, has found harmony with billionaire Mark Scheinberg’s company Mohari. The latter…
Billionaire Mark Scheinberg’s Mohari has acquired high-flying dining and nightlife company Tao Group for $550 million.
Mohari Hospitality, a Cyprus-based investment firm announced that it will acquire Tao Group Hospitality in a $550 million deal.Tao Group, a subsidiary of Madison Square Garden Entertainment, is a luxury restaurant and nightlife company.The transaction is expected to close in May, subject to customar
Adding Tao Group to our portfolio is a major strategic milestone for Mohari and we're excited about the prospects for the combined business