L-GAM To Take A Majority Stake in Vinventions
March 24, 2021
Luxembourg - Noël Group and Bespoke Capital Partners, owners of Vinventions, a world leader in wine closure solutions, announced they have entered into exclusive negotiations with Luxembourg-based investment company L-GAM for a majority stake in Vinventions. L-GAM will assume Bespoke Capital Partners’ stake in Vinventions and alongside Noël Group will commit significant resources to drive future growth and new opportunities.
With every 7th bottle of wine sold in the world closed using a Vinventions solution, the company has established itself as a leading provider of innovative closures for the wine industry since its inception by Marc Noël in 1999. Its brand portfolio includes high-performance and environmentally friendly synthetic closures (Nomacorc, Syntek), screwcaps (Vintop, Alplast), micro-natural closures (SÜBR) and natural corks (Ohlinger).
Marc Noël also announces he will transfer Chairman of Vinventions responsibilities to Patrick Mathieu who brings over 30 years of experience from leading global industrial organizations. Patrick Mathieu is the current President and CEO of Armacell.
Denis Van Roey, CEO of Vinventions, and his management team will be supported by L-GAM in the implementation of an ambitious organic and external growth roadmap to establish Vinventions as the leading supplier of products and services for the worldwide wine industry. “This transaction offers a unique opportunity for our team to partner with L-GAM and Patrick Mathieu who will support an ambitious growth strategy built around our culture of innovation, sustainability, and performance while staying true to our company values,” said Van Roey.
Bryan Bunker, General Manager of Vinventions USA said, “We are delighted to welcome L-GAM as majority shareholder and are excited to have a committed investor group with an appetite and eagerness for Vinventions’ future growth.”
About L-GAM: L-GAM (www.l-gam.com) is a long-term-oriented investment company with capital commitments in excess of € 1 billion. L-GAM was established in 2013 with the backing of the Liechtenstein Princely Family and several families from Europe, Asia and the USA. Its unique and differentiated business model is based on a long-term, industrial-like investment focus and a flexible mandate to provide investment solutions throughout the capital structure.
About Noël Group: Noël Group (www.noelgroup.com) is a pioneering innovations company specializing in the transformation of engineered synthetic materials. It is a long-term operating investor with a vision for building businesses that achieve market leadership in their respective fields. Their portfolio of companies serves a wide array of markets ranging from wine closures to construction.
About Bespoke Capital Partners: Bespoke is a unique private equity firm that typically takes a minority stake in companies investing between $25-250 million (or more with partners) into high-quality businesses with industry-leading market positions, strong management and industry tailwinds.
About Vinventions LLC: Vinventions LLC (www.vinventions.com) is a comprehensive provider of wine closure solutions designed to support the diverse requirements of wine producers. Vinventions provides closure solutions that maximize performance, design and sustainability. Brands include Nomacorc PlantCorcs™, Vintop Screwcaps, SÜBR and Wine Quality Solutions which includes enological devices, equipment and services that improve the quality and consistency of wine through real-time quality control.