Petromax

Petromax is owned by BlueGem Capital Partners (majority investor / ultimate owner via Petromax Group), headquartered in the United Kingdom. No. The ultimate owner of Petromax, BlueGem Capital Partners (majority investor / ultimate owner via Petromax Group), is headquartered in the United Kingdom, not in the United States.

BlueGem Capital Partners is a pan‑European private equity firm (headquartered in London, United Kingdom) that invests in consumer brands. In September 2022 BlueGem made a majority investment in the Petromax Group and is the financial/ultimate owner while Petromax GmbH remains the operating company and management continues to run the business.

Petromax GmbH (operating company headquartered in Magdeburg, Germany) — operates the Petromax and Feuerhand brands and manages manufacturing, product development and distribution.