Oppenhoff advises Argos Wityu on the acquisition of laundry service provider Lavatio

Oppenhoff has comprehensively advised independent pan-European private equity investor Argos Wityu on the acquisition of a majority stake in Lavatio GmbH. The company is one of the leading German full-service laundry service providers. The objective is to accelerate the company's growth and drive sustainable transformation. Argos Wityu invests together with the management of the company and BNP Paribas.

Argos Wityu is acquiring the majority stake in Lavatio through its Argos Climate Action fund (Article 9 SFDR). This is the fund's first investment in Germany and the third in Europe in the past twelve months. The transaction is expected to be completed by the end of the year and is subject to regulatory approvals.

Lavatio, headquartered in Hünfeld, Germany, is a leading B2B laundry group in the German-speaking region. As a full-service provider, the group rents and launders a wide range of textiles for more than 2,200 active customers in the hospitality and catering, healthcare, and industrial sectors in Germany and Switzerland.

Argos Wityu is an independent European private equity group with offices in Amsterdam, Brussels, Frankfurt am Main, Geneva, Luxembourg, Milan and Paris, which supports medium-sized companies in their growth.

The Oppenhoff team, led by Dr Markus Rasner, comprised Till Liebau, Moritz Schmitz, Lisa Zimmermann (all private equity), Dr Jennifer Zimmermann (corporate), Dr Gunnar Knorr (tax), Dr Wolfgang Kotzur (finance), Marc Alexander Häger, Julia Höyng (both real estate), Anja Dombrowsky, Lisa Striegler (both employment), Dr Carmen Schneider, Dr Friedrich von Bredow (both energy), Dr Carsten Bormann (regulatory/compliance), Dr Jürgen Hartung, Valentino Halim (both IT/data protection), Dr Patric Mau (IP) and Dr Simon Spangler (merger control).

Oppenhoff's private equity team regularly advises Argos Wityu, most recently on the acquisition of bakery group Karl Schmidt from Odewald KMU.

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