Rubel & Ménasché has sold a minority stake to Axio Capital
The private shareholders of Rubel & Ménasché have sold a minority stake in the company to AXIO CAPITAL. Financial details have not been disclosed.
Rubel & Ménasché is a renowned French diamond dealer specialized in the sale of small stones, smaller than one carat. Due to a robust organization, Rubel & Ménasché masters the entire supply chain, from the purchase of stones to the sale, including customers' support. Headquartered in Paris and based on its unique know-how and service-oriented positioning, the company benefits from long-standing relationships with blue chips clients such as Cartier, Van Cleef & Arpels and Boucheron. In 2018, the company generated revenues of US$65 million and an EBITDA of US$4.8 million.
AXIO CAPITAL is a French PE fund which focuses on SMEs with a turnover between US$3.5–110 million in sales in all sectors.
Oaklins' team in France advised the sellers in this transaction.
Talk to the deal team
Related deals
Sun European Partners has secured financing to support its acquisition of B&H Worldwide
Sun European Partners has raised debt facilities to support its acquisition of B&H Worldwide.
Learn moreKaviari has received a minority investment from idiCo
Kaviari has received a minority investment from a pool of investors led by idiCo, alongside Bpifrance, IRD Invest and UI Investissement.
Learn moreAWC has acquired a significant minority stake in MyFitness
AWC AS, the investment company of the Norwegian family office Awilhelmsen, has acquired a 22.2% stake in MyFitness AS, the largest fitness club operator in the Baltics, becoming the MyFitness’ largest single shareholder.
Learn more