DLA Piper advises Bluegem Capital Partners on financing of acquisition of Petromax
Helen Saulnier
1 min read
DLA Piper has advised the London centered private equity business Bluegem Cash Partners (Bluegem) on an acquisition funding for the acquisition of the Petromax team. The financing was furnished by Oldenburgische Landesbank Aktiengesellschaft and includes time period loans as nicely as a revolving credit rating facility.
Bluegem is a expert shopper-concentrated non-public equity business that partners with administration groups and founders to accelerate progress of robust consumer manufacturers. With a observe document of investing across Europe by different economic cycles, industry and market situations, Bluegem have refined their financial investment technique to emphasis on resilient client segments benefiting from secular megatrends, together with Attractiveness and Private Treatment Domestic Care Food and Beverage Newborn Treatment Pet Treatment Buyer Well being and Nourishment and Passion and Craft.
The Petromax team is an out of doors pastime and lifestyle Group comprised of two renowned heritage models, Petromax and Feuerhand. Headquartered in Germany with worldwide distribution channels, the Petromax Group is recognised for a large products assortment of superior-quality outside gear.
The international DLA Piper team was led by companion Dr Wolfram Distler and integrated senior affiliate Patrick Reuter, associate Ilgin Ayhan (all Finance, Frankfurt), and even further DLA Piper lawyers in Luxembourg.
