Ufenau acquires a stake in the Kruppert Group through Lavatio
Mannheim/Munich — IMAP advises Kruppert Hotel-Mietwäsche-Service on the sale of its majority stake to Ufenau Capital Partners. The buy&build platform Lavatio GmbH of the Swiss investment company Ufenau Capital Partners acquires a majority stake in the hotel rental linen service Kruppert in Hünfeld near Fulda.
Kruppert is an established service company, active in the field of rental and washing of textiles. Since its foundation in 1974, the still family-run company has developed into a full-service provider for industrial laundry and has one of the most modern industrial laundries in Germany. Today, Kruppert employs 115 people and has a sister company in Switzerland in addition to its headquarters in Hünfeld.
As a one-stop-shop supplier, Kruppert offers a highly efficient portfolio of services including consulting services from a single source with the rental and washing of textiles for hotels, restaurants and catering companies (HoReCa). Together with more than 50 independent partners, the company serves a broadly diversified customer portfolio of over 600 customers in Germany and Switzerland, including numerous well-known hotel chains.
“I am very pleased that with Ufenau we have found an experienced and financially strong partner for further growth for our fast-growing family business. I am sure that through strategically important acquisitions we can together build a leading group in the HoReCa segment,” says Frank Kruppert, managing director and owner of the group.
“The growing hotel market with an increasing outsourcing and consolidation trend forms an ideal starting point for Ufenau’s buy-&-build strategy. Together with Frank Kruppert, we want to use the know-how and expertise of the team to jointly drive the growth of the group,” adds Ralf Flore (photo), Managing Partner at Ufenau.
About Ufenau Capital Partners
Ufenau Capital Partners is a Swiss investor group based on Lake Zurich. Ufenau Capital Partners focuses on majority investments in service companies in Switzerland, Germany and Austria that are active in the business services, education & lifestyle, healthcare and financial services sectors. With an extensive circle of renowned and experienced industry partners (owners, CEOs, CFOs), Ufenau Capital Partners pursues an active value-added investment approach at eye level with entrepreneurs.