Other Transactions
- Marsh McLennan’s Oliver Wyman to acquire Innopay
- Itility Group acquires majority stake in 52impact
- US-listed Trimble and founding management sell BIM specialist Construsoft to Green Park
- Acquisition of egg processors Egga Food Group and Eivo by Hardeman Egg Group
- Germany based industrial holding Mutares acquires Byldis
- Company
Florensis
- SectorIndustry
- ActivityBreeding of young plants
- Date20 May 2011
- CountryNetherlands
Florensis attracts funding in relation to its M&A activities
Florensis supplies basic plant materials for professional growers. The range consists of annuals that bloom in the summer, violets, primroses, perennials and pot plants like cyclamen. The plants are supplied in both cutting and seed form. Furthermore, Florensis in Rijsenhout specializes in cut flowers. Florensis has its own processing operation in the German town of Quedlinburg. Seed treatment is performed by Seedtuning. Florensis’ subsidiaries in Kenya, Ethiopia and Portugal produce cuttings.
Blacktrace supported Florensis in arranging finance for its activities. In the light of merger and acquisition developments, the company needed to restructure its balance sheet. Blacktrace’s expertise was put to good use and an improved balance sheet and financial structure was agreed with the shareholders and banks.
For more information: Florensis