Munich \u2014 Global inves\u00adtor River\u00adside signs binding agree\u00adment to acquire leading clean\u00adroom consu\u00adma\u00adbles compa\u00adnies Dastex in Germany and Vita Verita in Sweden.<\/p>\n
The River\u00adside Company, the global inves\u00adtor specia\u00adli\u00adzing in mid-market growth compa\u00adnies, has signed an agree\u00adment to acquire Dastex Rein\u00adraum\u00adzu\u00adbe\u00adh\u00f6r GmbH & Co KG (Dastex), a leading specia\u00adli\u00adzed inde\u00adpen\u00addent distri\u00adbu\u00adtor of clean\u00adroom appa\u00adrel and consu\u00adma\u00adbles in Europe. \u2014 In paral\u00adlel, River\u00adside signed an agree\u00adment to acquire Vita Verita, a leading company in the Swedish market, as the first exten\u00adsion of the plat\u00adform. The closing of the acqui\u00adsi\u00adti\u00adons is subject to custo\u00admary regu\u00adla\u00adtory approvals.<\/p>\n
Foun\u00added in Germany in 1979, Dastex<\/strong> has become a market-leading supplier of clean\u00adroom garm\u00adents and consu\u00adma\u00adbles in Germany, Austria and Switz\u00ader\u00adland, with a strong foot\u00adhold in the Bene\u00adlux and a growing presence across Europe. The company has grown rapidly in recent years to meet strong demand from the phar\u00admaceu\u00adti\u00adcal and semi\u00adcon\u00adduc\u00adtor indus\u00adtries, thanks to its unique tech\u00adni\u00adcal know-how and rese\u00adarch and deve\u00adlo\u00adp\u00adment exper\u00adtise, compre\u00adhen\u00adsive product range and excel\u00adlent custo\u00admer service.<\/p>\n Foun\u00added in Sweden in 1983, Vita Verita<\/strong> is a specia\u00adlist in clean\u00adroom consu\u00adma\u00adbles and labo\u00adra\u00adtory equip\u00adment, air quality test\u00ading, service and main\u00adten\u00adance for phar\u00admaceu\u00adti\u00adcal compa\u00adnies, hospi\u00adtals and other control\u00adled envi\u00adron\u00adments. The company offers both proprie\u00adtary and third-party products, inclu\u00adding disposable garm\u00adents, gloves and wipes, as well as veri\u00adfi\u00adca\u00adtion and vali\u00adda\u00adtion services. Vita Verita can look back on nearly two deca\u00addes of conti\u00adnuous growth, supported by long-stan\u00adding custo\u00admer rela\u00adti\u00adonships and a consis\u00adtent focus on quality.<\/p>\n Damien Gaudin, Part\u00adner at River\u00adside Europe<\/strong>who led the tran\u00adsac\u00adtions, commen\u00adted: \u201cThrough the acqui\u00adsi\u00adtion of Dastex and Vita Verita, we combine two clean\u00adroom consu\u00adma\u00adbles specia\u00adlists in Europe that offer indis\u00adpensable products and services and form the core of our pan-Euro\u00adpean buy-and-build stra\u00adtegy. This crea\u00adtes a unique plat\u00adform perfectly posi\u00adtio\u00adned to grow further orga\u00adni\u00adcally and through acqui\u00adsi\u00adti\u00adons. We look forward to working with the strong manage\u00adment teams of Dastex and Vita Verita to build the Euro\u00adpean leader in clean\u00adroom conta\u00admi\u00adna\u00adtion control, offe\u00adring both best-in-class products and tech\u00adni\u00adcal and regu\u00adla\u00adtory services, supported by an ambi\u00adtious ESG strategy.\u201d<\/p>\n Kars\u00adten Langer, Mana\u00adging Part\u00adner of River\u00adside Europe<\/strong>, added, \u201cThe invest\u00adments unders\u00adcore River\u00adside Euro\u00adpe\u2019s exper\u00adtise at the inter\u00adsec\u00adtion of two of our focus sectors: Health\u00adcare and Specialty Distri\u00adbu\u00adtion. They are also a clear exam\u00adple of our pan-Euro\u00adpean presence and our ability to build leading busi\u00adnesses. Dastex and Vita Verita serve the conti\u00adnuously growing clean\u00adroom indus\u00adtry, helping custo\u00admers in the phar\u00admaceu\u00adti\u00adcal, life scien\u00adces and other high-tech indus\u00adtries to meet incre\u00adasingly strin\u00adgent quality and regu\u00adla\u00adtory stan\u00addards. The acqui\u00adsi\u00adtion of Dastex and Vita Verita crea\u00adtes a leader in clean\u00adroom conta\u00admi\u00adna\u00adtion control for the bene\u00adfit of its customers.\u201d<\/p>\n Cars\u00adten Mosch\u00adner, CEO of Dastex, commen\u00adted, \u201cThe manage\u00adment team and I are deligh\u00adted to join forces with Vita Verita and River\u00adside to open the next chap\u00adter in the company\u2019s history. I stron\u00adgly believe that River\u00adside is the ideal part\u00adner to support our ambi\u00adtious growth plans and that the addi\u00adtion of Vita Verita and their compre\u00adhen\u00adsive service offe\u00adring in Sweden is a criti\u00adcal step in our jour\u00adney to become one of the pree\u00admi\u00adnent provi\u00adders of conta\u00admi\u00adna\u00adtion control products and services in Europe. We look forward to further expan\u00adding our busi\u00adness across the conti\u00adnent and provi\u00adding our custo\u00admers with an even broa\u00adder full-service offe\u00adring. I would like to thank all employees, colle\u00adagues, suppli\u00aders and custo\u00admers for their great support and trust.\u201d<\/p>\n Anders Kumbrant, CEO, and Magnus Kumbrant, COO of Vita Verita, added: \u201cWe are deligh\u00adted to be working with Dastex and River\u00adside to further realize our ambi\u00adti\u00adons and vision for the company. We are parti\u00adcu\u00adlarly exci\u00adted at the pros\u00adpect of working with Dastex, one of Euro\u00adpe\u2019s leading clean\u00adroom appa\u00adrel and consu\u00adma\u00adbles compa\u00adnies, known for its outstan\u00adding exper\u00adtise and profes\u00adsio\u00adna\u00adlism. We would like to thank Anna-Lena Weiss, who will take a leading role at Vita Verita in the future, as well as the entire Vita Verita team, our custo\u00admers, suppli\u00aders and the River\u00adside team for their trust and support.\u201d<\/p>\n Working with Gaudin on the tran\u00adsac\u00adtion for River\u00adside were Vice Presi\u00addent Maxime Meule\u00admees\u00adter, Senior Asso\u00adciate Nicola Tomaschko, Asso\u00adcia\u00adtes Sebas\u00adtiaan Pauwels and Nils Mj\u00f6rn\u00ademark, and Origi\u00adna\u00adtion Asso\u00adciate Bence Putnoky. Damien Gaudin acqui\u00adred the Dastex deal for River\u00adside, while Ali Al Alaf and Nils Mjorn\u00ademark acqui\u00adred the Vita Verita deal.<\/p>\n Advi\u00adsors to the share\u00adhol\u00adders of the Dastex Group: McDer\u00admott Will & Emery, Frankfurt<\/strong> dhmp Wirt\u00adschafts\u00adpr\u00fc\u00adfungs\u00adge\u00adsell\u00adschaft Steu\u00ader\u00adbe\u00adra\u00adtungs\u00adge\u00adsell\u00adschaft, Karls\u00adruhe, Germany About The River\u00adside Company Munich \u2014 Global inves\u00adtor River\u00adside signs binding agree\u00adment to acquire leading clean\u00adroom consu\u00adma\u00adbles compa\u00adnies Dastex in Germany and Vita Verita in Sweden. The River\u00adside Company, the global inves\u00adtor specia\u00adli\u00adzing in mid-market growth compa\u00adnies, has signed an agree\u00adment to acquire Dastex Rein\u00adraum\u00adzu\u00adbe\u00adh\u00f6r GmbH & Co KG (Dastex), a leading specia\u00adli\u00adzed inde\u00adpen\u00addent distri\u00adbu\u00adtor of clean\u00adroom appa\u00adrel and [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":48217,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1368,1369],"tags":[],"class_list":["post-48219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-lawyers-tax-consultants-auditors","category-investors"],"yoast_head":"\n
\nDr. Michael Cziesla, Norman Wasse, LL.M. (both Corporate\/M&A, lead), Dr. Heiko Kermer, Marcus Fischer (Coun\u00adsel; both Tax), Dr. Chris\u00adtian Rolf, Dr. Gudrun Germa\u00adkow\u00adski (D\u00fcssel\u00addorf; both Labor), Dr. Laura Stamm\u00adwitz (Coun\u00adsel, Anti\u00adtrust), Dr. Deniz Tschamm\u00adler (Commercial\/ Regu\u00adla\u00adtory, Frankfurt\/Munich), Dr. Johan\u00adnes Honzen (Real Estate); Asso\u00adcia\u00adtes: Dr. Marion von Gr\u00f6n\u00adheim, Lisa Schick\u00adling (both Corporate\/M&A), Lukas Deutz\u00admann (Cologne\/D\u00fcsseldorf), Ilva Woeste (Munich; both Labor Law), Dr. Lea Hach\u00admeis\u00adter, Alex\u00adan\u00addra Heberle (both Healthcare\/Regulatory)<\/p>\n
\nNota\u00adries Dr. Frank and Dr. Schnee\u00adwei\u00df, Munich: Dr. Susanne Frank<\/p>\n
\n<\/strong>
\nThe River\u00adside Company is a global invest\u00adment firm focu\u00adsed on invest\u00adments in middle-market growth compa\u00adnies. Since its foun\u00adding in 1988, River\u00adside has made more than 960 invest\u00adments. The firm\u2019s inter\u00adna\u00adtio\u00adnal private equity and struc\u00adtu\u00adred capi\u00adtal port\u00adfo\u00adlios include more than 150 compa\u00adnies. River\u00adsi\u00adde\u2019s Euro\u00adpean opera\u00adti\u00adons are an inte\u00adgral part of the company\u2019s exten\u00adsive global network which has been active in Europe since 1989. River\u00adside belie\u00adves that an inter\u00adna\u00adtio\u00adnal presence combi\u00adned with deep under\u00adstan\u00adding of local condi\u00adti\u00adons, culture and busi\u00adness prac\u00adti\u00adces makes team members better inves\u00adtors and busi\u00adness partners.
\nwww.riversidecompany.com<\/p>\n","protected":false},"excerpt":{"rendered":"