Key Takeaways:
- Lumiforte, a global leader in smart coatings for greenhouse horticulture and sports line marking, announces a significant investment from Kartesia, a European capital solutions specialist.
- Longstanding shareholder Horticoop remains a key investor, ensuring continuity and support for Lumiforte’s growth strategy.
- Kartesia’s strategic insights and financial support will drive Lumiforte’s expansion in both new and existing markets, including opportunities in cool roofing and orchards.
- The investment will enable Lumiforte to pursue M&A opportunities and enhance its global footprint through organic growth and strategic acquisitions.
Partners with Kartesia for Accelerated Growth
Lumiforte, a global leader in innovative smart coatings for sectors such as greenhouse horticulture, sports line marking, and other agricultural and industrial applications, has announced a new investment from Kartesia. Kartesia, a European specialist in capital solutions for small and mid-sized companies, will support Lumiforte’s growth ambitions alongside longtime shareholder Horticoop, a key player in the horticultural industry.
This strategic investment marks an important milestone in Lumiforte’s growth journey. The company’s management team is confident that Kartesia’s expertise in supporting mid-market companies will be instrumental in accelerating Lumiforte’s expansion across new and existing markets. The partnership will also provide financial backing to pursue mergers and acquisitions (M&A) opportunities, further bolstering Lumiforte’s organic growth.
Kartesia’s Role in Supporting International Growth
Kartesia has a proven track record of driving international growth by offering tailored financing solutions and strategic support. The firm’s partnership approach and commitment to sustainability make it an ideal collaborator for Lumiforte as the company looks to expand its product portfolio and global presence. By aligning with Kartesia, the company will be well-equipped to explore new opportunities in emerging sectors, such as cool roofing and orchard coatings.
Guido Janssen, CEO of Lumiforte, expressed his optimism about the new partnership: “We are delighted to welcome Kartesia as a new shareholder. Their extensive experience in supporting mid-market companies, in combination with their strategic insights, will be valuable in strengthening our position in the horticulture and sport line-marking sectors. Additionally, this partnership will allow us to leverage our smart coating expertise in emerging segments such as cool roofing and orchards.”
Horticoop’s Continued Support
Horticoop, a longstanding shareholder, will continue its involvement with the company, providing crucial support as Lumiforte embarks on its next phase of development. Horticoop’s commitment has been a driving force behind Lumiforte’s success, and its continued backing ensures stability and continuity.
Patrick Groeneveld, CEO of Horticoop, commented: “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.”
Strategic Path Forward
With Kartesia joining as a shareholder, Lumiforte will be positioned to enhance its global operations and explore new M&A opportunities. Jean Diercxsens, Partner at Kartesia, emphasized the potential for growth: “We are thrilled to cooperate with Horticoop and the Lumiforte management team to support their growth journey, capitalizing on their unique position in the market and strong R&D capabilities. With Kartesia joining as a shareholder, the group will be well-equipped to pursue M&A opportunities, further accelerating their impressive organic growth trajectory.”
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