Leading developer of innovative coatings secures growth capital to accelerate global expansion and drive future growth
Deal Flash
Lumiforte, a global leader in innovative smart coatings for greenhouses, sports line-marking and industrial roofs, has received an investment from Kartesia, a European specialist in capital solutions for small and medium-sized companies. Horticoop, Lumiforte’s longstanding shareholder and a key player in the horticultural industry, remains a shareholder.
Headquartered in Baarle-Nassau, the Netherlands, Lumiforte develops various smart coatings. Through a strong commitment to innovation and advanced R&D, top-tier products have been created for greenhouses that enhance clients’ sustainability, profitability and efficiency. In addition to its leadership in the high-tech greenhouse sector, Lumiforte has established a strong foothold in the sports line-marking industry.
As a longstanding shareholder of Lumiforte, we are excited to welcome Kartesia to the shareholder base. This new partnership marks a pivotal moment in Lumiforte’s journey, enabling us to further accelerate growth and drive innovation in the company. Oaklins’ deep industry knowledge and strategic guidance were instrumental in bringing this collaboration to fruition. Their expertise ensured that we found a partner who aligns with Lumiforte’s vision and values, positioning us for continued success and future opportunities.PATRICK GROENEVELD, CEO, HORTICOOP, NETHERLANDS
Oaklins assisted in finding a suitable investor
Oaklins’ team in the Netherlands served as the exclusive sell-side advisor to Horticoop in this transaction. It highlights Oaklins’ extensive expertise in supporting deals across the horticulture, sports and sustainability sectors. With deep industry knowledge and a proven track record, Oaklins continues to be a trusted advisor.
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Read more about the transaction, market trends, deal drivers and M&A valuation aspects
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