Cristiano Ronaldo has agreed to buy a 10% stake in the Portuguese ceramics company Vista Alegre Atlantis from the Visabera group, as he continues his investments in a group of companies operating in different sectors.
Ronaldo intends to buy 30% of the Spanish company Vista Alegre in the coming days through CR7 SA, as the company disclosed late last Friday.
joint project
The two parties also agreed to establish a 50-50 joint venture in the Middle East and Asia to promote the Vista Alegre brand.
Vista Alegre explained that the cooperation between the two companies would “accelerate the process of expanding the brand globally in the luxury goods sector in various international markets, whether in retail or hospitality.”
The five-time Ballon d’Or winner joined Al-Nassr Saudi Arabia in 2022 for an annual salary of about $200 million, and the 39-year-old has invested in a group of companies – in recent years – as he prepares for life after the end of his sporting career.
In 2015, Ronaldo and the Portuguese “Pestana” hotel operating group announced a plan to invest 75 million euros ($80.38 million) in 4 small hotels with a total of 400 rooms in Portugal, Spain and the United States. The captain of the Portuguese national team at the time said that this was his largest investment ever.
Vista Alegre, which produces and sells china, ceramics and crystal glassware, did not disclose the value of Don’s investment.
