The Noël Group and Bespoke Capital Partners are in negotiations to sell a majority stake in closure manufacturer Vinventions to Luxembourg-based investment company L-GAM. According to a press release, L-GAM will acquire Bespoke Capital Partners' stake and, together with the Noël Group, will provide significant financial resources for Vinventions' future growth. The official signing is expected to take place after lenders have approved the deal and employees have been informed.
Denis Van Roey, CEO of Vinventions, is excited about the growth opportunities that the new majority owners are acknowledging. Vinventions founder and Chairman Marc Noël thanked Van Roey and the Vinventions team for their work. The current transaction demonstrates the success they have achieved. Noël will hand over his position to Patrick Mathieu, who will join Vinventions from Armacell. No details were given about the amount of the transaction.
According to company information, every seventh wine bottle worldwide has a closure from Vinventions. The brand portfolio of the US-based company also includes Nomacorc, among others. The German branch is located in Fußgönheim in the Palatinate. L-GAM is an investment group with capital investments of more than €1 billion, which was founded in partnership with the Princely Family of Liechtenstein in 2013. Investments have already been made in companies such as Roberto Cavalli and Woolrich. sw
