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
Seniovo GmbH has been acquired by HORNBACH Baumarkt AG
The shareholders of Seniovo GmbH have sold the company to HORNBACH Baumarkt AG.Learn more
Acquisition in the fruit and vegetable retail industry
Grupo Agris has acquired Ludite. This acquisition enables Grupo Agris to reinforce its expansion plan through business diversification and market consolidation.Learn more
Nordian Capital has raised debt to acquire Wetac
Nordian Capital, a Netherlands-based private equity firm, has joined the shareholder base of Wetac Battery Company (Wetac), a leading supplier of batteries, battery systems and accessories for various applications and end markets. The financing was provided by OLB and will support Wetac’s strong growth ambitions.Learn more