Announced

Completed

Kartesia completed the investment in Lumiforte.

Synopsis

Kartesia, an European specialist in capital solutions, completed the investment in Lumiforte, an innovative smart coatings company. Financial terms were not disclosed. “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,” Jean Diercxsens, Kartesia Partner and Head of Belgium & the Netherlands.

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