Bluegem Capital Partners and Arev Partners Acquire Pinard Group from IK Partners
October 7, 2024
Bluegem Capital Partners and Arev Partners have acquired co‑majority stakes in Pinard Group from IK VIII Fund, with the Pinard management team and founding family retaining and reinvesting alongside the new owners. The investors plan to capitalise on Pinard's technical know‑how and IP to expand its high‑end, sustainable plastic packaging offerings for prestige Beauty & Personal Care and Pharmaceutical customers and to pursue an accelerated buy‑and‑build growth strategy.
- Buyers
- Bluegem Capital Partners, Arev Partners
- Targets
- Pinard Group
- Sellers
- IK VIII Fund (managed by IK Partners), Pinard management team
- Industry
- Packaging
- Location
- Auvergne-Rhône-Alpes, France
- Transaction Type
- Buyout
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