Cap Vert Group Expands with Bernard Bois Acquisition

Ambienta, an asset manager focused on environmental sustainability, through its platform company Cap Vert Group, has acquired Bernard Bois. Bernard Bois is a French company specializing in the design, production, and installation of wooden outdoor furniture and structures. This acquisition marks a strategic expansion for Cap Vert Group into an adjacent high-potential market segment of green spaces, enhancing its capabilities with sustainable wood solutions. The demand for wood-based solutions is growing due to their natural aesthetics, durability, and environmental sustainability benefits, setting a competitive distinction. Founded in 1983, Bernard Bois operates with a team of 40 through two production facilities, offering over 200 custom wood solutions across France with annual revenues of approximately 10 million euros. The acquisition is aligned with Ambienta’s investment strategy in the pollution control category, utilizing wood as a sustainable alternative to conventional materials, significantly reducing carbon emissions. This marks Cap Vert's tenth add-on since Ambienta's acquisition in 2021, now boasting over 1000 employees and revenues exceeding 100 million euros. Gwenalle Le Ho Daguzan, Partner at Ambienta, notes that acquiring Bernard Bois fortifies Cap Vert’s outdoor sustainable solutions offering, supporting their endeavor to deliver high-quality, low-impact products.