Bluegem Capital Partners and AREV Partners have acquired 100% of Groupe Pinard
Bluegem Capital Partners and AREV Partners have successfully completed the acquisition of the prestigious Groupe Pinard from IK Partners.
Bluegem is a pan-European specialist private equity firm investing in value-oriented consumer staple businesses across the value chain (B2C, B2B2C and B2B), underpinned by non-discretionary demand and supported by megatrend tailwinds. The Bluegem investment team works alongside experienced portfolio management and functional experts to deploy a proven toolkit for accelerating value creation. The Bluegem value acceleration playbook is based on data analytics and includes, among other things, 360-degree business digitalization involving the use of artificial intelligence, international expansion and product innovation.
Founded by two experienced private equity executives, AREV Partners invests in European private companies across the healthcare, digital and technology, B2B services and products and consumer sectors. The fund targets businesses that can significantly transform or scale, partnering with ambitious entrepreneurs and management teams. Their approach combines strategic, financial and operational expertise in conjunction with a wide-reaching industry network.
Established in 1970 in France, Groupe Pinard specializes in the design and manufacture of packaging solutions for reputable luxury brands in the BPC space through its Pinard Beauty Pack (PBP) subsidiary and for pharmaceutical customers through its Lablabo subsidiary. Lablabo was acquired in 2019 and is the inventor of the bag-in-bottle airless technology. The company targets prestige and masstige brands and serves a long-standing clientele.
IK Partners is a leading European mid-market private equity firm focused on investments in Benelux, DACH, France, the Nordics and the UK.
Oaklins’ team in France advised Bluegem and AREV Partners in this transaction.



Mathieu Develay
Partner, Bluegem Capital Partners
Talk to the deal team
Related deals
Terra Holding S.r.l. has launched a voluntary public tender offer for Gibus S.p.A.
Terra Holding S.r.l. has initiated a voluntary public tender offer for the shares of Gibus S.p.A.
Learn moreStones Infra Projects has raised debt finance
This transaction marked a successful debt raise to fund Oleander Farms’ growth. Strategically located in Karjat between Mumbai and Pune, this five-star resort caters to luxury travelers, MICE (meetings, incentives, conferences and exhibitions), weddings and large-scale events. The rising demand for additional room inventory to host sizable gatherings, along with the scarcity of large-format resorts in the region, were key drivers behind raising capital to accelerate expansion.
Learn moreHe-Man Dual Controls has been acquired by Lagercrantz UK Limited
Lagercrantz UK Limited has acquired 100% of the shares in HM Holding Limited (He-Man Dual Controls), a leader in supplemental control systems for vehicles.
Learn more