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BaltCap has sold Labochema to French laboratory supply distributor Dominique Dutscher

BaltCap Lithuania SME Fund has sold its 46% shareholding in Labochema UAB, a Lithuanian laboratory supplies trading company, to Dominique Dutscher. Labochema’s CEO and the chairman also sold their shareholdings. As a result of the transaction, Dominique Dutscher now controls 100% of Labochema.

Founded in 1997, Labochema is a provider of integrated laboratory solutions, with branches in all three Baltic countries. It also controls Gidela, a fast-growing laboratory furniture company. The companies employ more than 50 people. The company had US$15.1 million revenues in 2020.

Dutscher is one of the leading European laboratory supply distributors, with annual revenues of US$365 million and 700 employees in nine countries. Since 2020, the company is owned by private equity fund manager LBO France (with US$7.3 billion assets under management) and the management team, led by Dominique Wencker. Based in France, Dutscher has experienced strong organic growth complemented by targeted acquisitions in France, Spain, Italy and the UK.

Oaklins’ team in Lithuania acted as a full-scope M&A advisor to the sellers through all stages of the process.

Parties

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Martynas Visockas

Partner
Vilnius, Lithuania
Oaklins Baltics

Mindaugas Matulaitis

Associate Partner
Vilnius, Lithuania
Oaklins Baltics

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