Sancovia advises Ufenau Capital Partners on the sale of Lavatio to Argos Wityu and BNP Paribas
Sancovia Corporate Finance has successfully advised Ufenau Capital Partners on the sale of Lavatio GmbH (“Lavatio”), a leading provider of textile rental and laundry services in Germany, to a consortium comprising Argos Wityu and BNP Paribas. As part of the transaction, Lavatio's management will also participate in the company.
Lavatio GmbH offers comprehensive laundry services across Germany, particularly for customers in the hospitality, healthcare, and industrial sectors. The company is known for its focus on quality and reliability and is considered one of the leading providers in its segment.
Argos Wityu acquires the majority stake in Lavatio through the “Argos Climate Action” fund (Article 9 SFDR), which supports investments with a strong focus on sustainability and emission reduction. Under new leadership, Lavatio plans to further expand its environmental strategy, focusing on the use of textiles with a low CO₂ footprint, a higher share of green energy, and the optimization of energy, gas, and water consumption to further reduce the company’s environmental impact.
Sancovia exclusively supported the seller as an M&A advisor throughout the entire transaction process.
