Bluegem Partners with Lagfin for Strategic Growth

Deal News | Jun 19, 2025 | BlueGem Capital Partners

Bluegem Capital Partners, a specialist pan-European private equity firm focused on B2B and B2B2C consumer staples, has announced that Lagfin S.C.A., the controlling entity of the Campari Group, will acquire a minority stake and commit as a strategic partner to anchor Bluegem's forthcoming funds. This partnership is a significant endorsement of Bluegem's differentiated investment strategy in the non-discretionary consumer space. Bluegem's approach focuses on downside protection by investing in resilient consumer staples, and accelerating returns via niche market expansion and active management. This partnership coincides with a leadership transition at Bluegem, with Emilio Di Spiezio Sardo succeeding Marco Capello as CEO. Lagfin's investment will provide Bluegem with access to a global network without altering its current management style or decision-making practices. Bluegem was advised on the legal and tax aspects of the transaction by Latham & Watkins and Chiomenti, while Lagfin was advised by PedersoliGattai.

Sectors

  • Private Equity
  • Consumer Staples

Geography

  • Europe – Bluegem is a pan-European private equity firm with a focus on the European market.
  • Luxembourg – Lagfin is a Luxembourg-based company involved in the transaction.

Industry

  • Private Equity – The article involves a partnership between Bluegem, a private equity firm, and Lagfin, indicating activities in the private equity sector.
  • Consumer Staples – Bluegem focuses on investments in the consumer staples sector, which is a key theme of the article.

Financials

  • Minority Stake and Fund Commitment – Lagfin is acquiring a minority stake in Bluegem and has committed to anchor its forthcoming funds.

Participants

NameRoleTypeDescription
Bluegem Capital PartnersPrivate Equity FirmCompanyA specialist pan-European private equity firm focused on B2B and B2B2C consumer staples.
Lagfin S.C.A.Strategic PartnerCompanyThe controlling entity of the Campari Group, acquiring a minority stake in Bluegem.
Emilio Di Spiezio SardoCEO of BluegemPersonRecently appointed as CEO of Bluegem during its next growth phase.
Marco CapelloFounding Partner of BluegemPersonStepping back from future investments but retaining executive responsibilities.
Latham & WatkinsLegal Advisor for BluegemCompanyHandled legal advisory for Bluegem in the transaction.
ChiomentiTax Advisor for BluegemCompanyProvided tax advisory services for Bluegem in the deal.
PedersoliGattaiLegal Advisor for LagfinCompanyHandled legal advisory for Lagfin in the transaction.