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.
Talk to the deal team
Related deals
Lumiforte partners with Kartesia to propel global growth and innovation
Lumiforte, a global leader in innovative smart coatings for greenhouse horticulture, sports line-marking and other functional coatings for agriculture and industry, is excited to announce an investment from Kartesia, a European specialist in capital solutions for small and medium-sized companies. Horticoop, a longstanding shareholder of Lumiforte and a key player in the horticultural industry through its investment cooperative, continues to remain a shareholder.
Learn moreYxion has been acquired by Normec
Normec has acquired Dutch consultancy Yxion from Antea. Through this acquisition, Normec continues its acquisition strategy in Europe, while also looking for expansion opportunities in the United States.
Learn moreLuxid Group has sold a minority stake to Voland Partners
Finnish marketing technology pioneer Luxid Group has sold its minority stake to the private equity company Voland Partners to boost its international growth.
Learn more