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Lion Capital acquires The DMC Group

BlueGem Capital Partners has sold The DMC Group, which comprises of leading European needlecraft brands, including DMC, Wool and the Gang and Sirdar, to Lion Capital LLP. BlueGem formed The DMC Group in August 2016 as a consolidation platform for complementary needlecraft brands, following the acquisition of DMC and Wool and the Gang. This then...

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BusinessFeatured

BlueGem acquires hand knitting yarns Sirdar

London-based mid-market private equity manager, BlueGem Capital Partners has acquired UK market leader in hand knitting yarns Sirdar, as it looks to establish a global leader in needlecraft. The newly acquired Sirdar, which includes the UK’s popular hand knitting yarn for babies, Snuggly, will sit alongside complementary needlecraft brands, DMC...

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