Lumiforte partners with Kartesia to propel global growth and innovation

The investment marks a significant milestone in Lumiforte’s growth journey, and the Company’s management team is confident that Kartesia’s global expertise and strategic insights will be instrumental 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.
Kartesia has a strong track record of driving international growth by providing strategic support and tailored financing solutions, enabling companies and shareholders to enhance and accelerate value creation. Kartesia’s partnership approach and commitment to sustainability make it an ideal partner for Lumiforte as the Company embarks on its next phase of growth.

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. Additionally, this partnership will allow us to leverage our smart coating expertise in emerging segments such as cool roofing and orchards. 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, capitalising 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.”

Patrick Groeneveld, CEO of Horticoop, said: "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."

About Lumiforte:
 

Headquartered in Baarle-Nassau, the Netherlands, Lumiforte is the global leader in 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, Lumiforte has entered the cool-roofing sector and is preparing to launch coatings for the orchards market.

For more information visit: www.lumiforte.com

About Kartesia:
 

Kartesia is a pan-European, independent and privately-owned specialist provider of financing solutions, focused on offering customised resources across the capital structure to leading mid-market companies from a wide range of industries, with the view to accelerate their pace of growth. Kartesia manages over €7bn in assets and is operated by a team of 110+ experienced professionals across investment and operating teams led by its 3 founding Managing Partners. The organisation has offices in Amsterdam, Brussels, London, Luxembourg, Madrid, Milan, Munich and Paris.

For more information visit: www.kartesia.com

About Horticoop:
 

Horticoop invests actively in businesses that contribute to the horticultural industry. In this way, the cooperative supports a sector that is meeting the needs of a growing population while at the same time ensuring that the environmental burden is reduced to the minimum.

For more information visit: www.horticoop.nl

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. With deep sector knowledge and a proven track record.

For further details please contact:
Lumiforte – Marcel Kleintjens (Global Marketing Manager)
marcel.kleintjens@lumiforte.com
+31 (0) 6 27380649