Danish Labflex gets a new owner in the form of German Köttermann Group, which is part of the European investment company BHM Group. The new owners ensure that Labflex receives both financing and complementary know-how, positioning them strongly for continued growth.
The Danish company based in Skive, Labflex, is one of Europe’s largest suppliers of innovative and customized interior solutions for the hospital, laboratory, and education sectors. The company has recently been acquired by the German Köttermann Group after several years of strong progress. The new owners provide Labflex with access to know-how and capital, which can pave the way for further growth.
“Köttermann Group is the perfect owner for Labflex, as they have a strong position in the pharma and life science industries. With the sale of Labflex, we get a financially strong owner, which gives us significant opportunities for continued growth, but also includes valuable skills in the form of know-how, local knowledge, and not least an expanded presence in Europe, so we are well-equipped to both expand and pursue new markets,”
Stig Blicher, CEO of Labflex.
New group with the right focus
The existing management, led by Stig Blicher, along with Chairman of the board Christian Herskind, will continue in their roles and believe that the new group has the right focus:
“We become part of a strong group with established names such as Köttermann GmbH and Lab Concept GmbH, which precisely emphasizes a focus on integrating companies with strong expertise in laboratories. We have now had several years of strong progress, despite challenges with global supply chains, and with the 2023 financial statement, we will present our best result since 2017. Therefore, the timing is just right. We are sending Labflex on an exciting journey, which has been crucial for the seller.”
Christian Herskind, Chairman of the board, Labflex
Sustainability is an important parameter
The European investment company BHM Group is particularly active in sectors including the pharmaceutical industry and places great emphasis on sustainability in its investments.
“Labflex is a solid and responsible company that has a long tradition of understanding and creating individual and innovative solutions for customer needs. Labflex is a first mover within ESG in the industry and is a leader in the field in Europe. With this focus, Labflex fits perfectly into our portfolio. Labflex is also a perfect match for Lab Concept GmbH, which we acquired last year. With the strategic acquisition of Labflex, we gain access to technology and a highly competent workforce. This combination creates a strong entity that will be able to shift boundaries in the industry and deliver great value to our customers worldwide.” Marek Krsek will join the board.
Marek Krsek, CEO of Köttermann Group
Labflex anticipates a seamless integration process and will continue unchanged under the new ownership with its current name. Labflex will be integrated as an independent organization within the Köttermann Group.
About Labflex
Labflex is a well-known brand in the Nordic countries and the rest of the world for its unique high-quality wood-based laboratory solutions. The company primarily serves the pharmaceutical and bioscience segments and meets local and global norms and standards.
For more information: https://Labflex.com/
About BHM Investment Group
BHM Group, headquartered in Prague, Czech Republic, is a rapidly expanding European investment company that manages investments in major European countries across various industries. BHM Group is particularly active in sectors including the pharmaceutical industry and places great emphasis on sustainability in its investments, reflecting a commitment to responsible business practices.
For more information: https://www.bhmgroup.eu/en
About Köettermann GmbH
Köttermann is the leading organization within the BHM investment company, known for its commitment to innovation, quality, and customer satisfaction in laboratory solutions. With a global presence and a diverse portfolio of products and services, Köttermann is a leading international provider of comprehensive steel-based laboratory systems.
For more information: https://www.koettermann.com/en/
About Lab Concept GmbH
Lab Concept GmbH is a supplier of customized laboratory solutions with a focus on flexibility and modularity. With extensive experience and expertise in the development and management of laboratory projects, the company has become a well-known player in the industry. Lab Concept GmbH is dedicated to working innovatively within the industry, driven by a vision to design the laboratory of the future.
For more information: https://www.lab-concept.eu/