Lumiforte has announced an investment from Kartesia, a European specialist in capital solutions for small and mid-sized companies. Horticoop, a long-standing shareholder of Lumiforte, remains a shareholder.
"The investment marks a milestone in Lumiforte's growth journey, and the company's management team is confident that Kartesia's expertise and strategic insights will aid in accelerating Lumiforte's growth. This partnership aligns with Lumiforte's ambitions to diversify its product offerings and expand its geographical footprint, both through organic growth and strategic acquisitions", the team says.
Guido Janssen, CEO of Lumiforte, commented: "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. We are equally grateful to our longstanding shareholder Horticoop, whose continued trust and commitment has been, and will continue to be, instrumental in our growth and success."
Jean Diercxsens, Partner at Kartesia and Head of Belgium & the Netherlands, shared: "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."
Patrick Groeneveld, CEO of Horticoop, said: "As a longstanding shareholder of Lumiforte, we are excited to welcome Kartesia to the shareholder base."
For more information:
Lumiforte
lumiforte.com
Horticoop
horticoop.nl