LPA Law advises the founders of TNT Group on its sale to PM Studio Group

Paris, 15 October 2026

LPA Law advises the founders of TNT Group on its sale to PM Studio Group

LPA Law advised the founders of TNT Group on the sale of the group to PM Studio Group, a leading provider of gifting, secondary packaging and bespoke accessories for luxury brands, with a team led by partner Nicolas Vanderchmitt.

The acquisition creates an international premium packaging business with combined revenues of approximately €130 million and nearly 150 employees worldwide.
Founded in 2013, TNT Group specialises in premium primary and secondary packaging solutions for the beauty and wines & spirits industries. With operations in Hong Kong, Paris and New York, the group works with leading luxury houses and niche brands to develop bespoke packaging solutions, drawing on its expertise in engineering, innovation and eco-design.

Backed by Andera Partners since 2024, PM Studio Group is pursuing its international expansion strategy through this acquisition while further strengthening its offering in the luxury packaging sector.
Thomas Diezinger, co-founder of TNT Group, commented: “We are approaching this new chapter with enthusiasm and eagerness. We are creating a global spearhead in packaging”.

LPA Law advised the founders of TNT Group throughout this cross-border transaction, from the negotiation of the sale documentation to the successful closing of the deal. The firm also advised them on the structuring of their reinvestment in the combined group, alongside TNT Group’s key managers. The transaction brought together LPA Law’s corporate and tax expertise across Europe and Asia.
Thomas Diezinger commented: “Nicolas Vanderchmitt and the LPA Law team were invaluable partners throughout this transaction. Their understanding of both the French and Hong Kong legal environments, their ability to address the transaction from every angle, and their focus on finding practical solutions were instrumental in bringing this deal to a successful close.”

The LPA Law team was led by Nicolas Vanderchmitt, Partner, supported by Daniel Duane, Senior Associate, and Camilla Venanzi, Associate.
The team also included Mathieu Selva-Roudon, Partner, and Marie-Gabrielle du Bourblanc, Counsel, on tax matters, as well as Stéphane Erard, Partner, and Michelle Wong, Counsel, on corporate aspects of the reinvestment in France.

The sellers were also advised by Oaklins France as M&A adviser and PwC on the financial vendor due diligence. PM Studio Group was notably advised by Hogan Lovells Cadwalader, UGGC Avocats, Oderis and Finaxeed. The financing involved BNP Paribas, LCL, Arkéa and CIC Private Debt.