Lumiforte partners with Kartesia to propel global growth and innovation
September 2024 — 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.
Headquartered in Baarle-Nassau, the Netherlands, Lumiforte provides smart coatings for high-tech greenhouses. With a strong commitment to innovation and advanced R&D, the company has developed top-tier products that address the increasing demand for smart coatings by significantly enhancing 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 with its high-quality coatings. Leveraging its deep expertise in smart coatings, Lumiforte can efficiently expand into new niches. Recently, the company entered the cool-roofing sector and is preparing to launch coatings for the orchards market.
Kartesia is a pan-European, independent and privately-owned specialist provider of financing solutions focused on offering customized resources across the capital structure to prominent mid-market companies from a wide range of industries wanting to accelerate their growth. Kartesia manages over US$7.8 billion in assets and is operated by a team of more than 110 experienced professionals in investment and operating teams led by its three founding managing partners. The organization has offices in Amsterdam, Brussels, London, Luxembourg, Madrid, Milan, Munich and Paris.
Horticoop is a cooperative that invests actively in businesses that contribute to the horticultural industry. In this way, it supports a sector that is meeting the needs of a growing population while at the same time ensuring the environmental burden is reduced to a minimum.
Our role in the transaction
Oaklins’ team in the Netherlands served as the exclusive sell-side advisor to Horticoop in this transaction. This deal highlights Oaklins’ extensive expertise in supporting transactions across the horticulture, sports and sustainability sectors while also marking the second transaction with Kartesia in the smart coating industry, following the Groglass transaction. With deep sector knowledge and a proven track record, Oaklins continues to be a trusted advisor.
Patrick Groeneveld
CEO, Horticoop
Talk to the deal team
Derk Verheul
Oaklins Netherlands
Related deals
Terhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate
Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.
Learn moreBolster Investment Partners has secured debt financing for the acquisition of Royal Taste Company
Bolster Investment Partners has partnered with Royal Taste Company, a leading Dutch custom signature coffee platform offering end-to-end sourcing, blending, roasting, packaging and delivery services. The partnership marks an important next step in Royal Taste Company’s growth trajectory, focused on further geographical expansion, commercial development and selective strategic acquisitions.
Learn moreUKAT Group has acquired Bayberry Limited
UK Addiction Treatment (UKAT) Group, a leading UK provider of residential addiction, mental health and behavioral health treatment backed by Sullivan Street Partners, has acquired Bayberry Limited, a specialist mental health and wellbeing treatment provider. Joining UKAT enables Bayberry to preserve continuity of care for patients and referral partners, retain the strength of its clinical team and benefit from UKAT’s operational infrastructure, referral network and marketing channels. This partnership supports Bayberry’s next stage of development while preserving the qualities that differentiate its service offering.
Learn more