Management Buy Out L.C.I. Productions

L.C.I. Productions B.V. (hereinafter: ‘LCI’) is a total provider in the field of chemicals and maintenance methods for the industrial, institutional, agricultural, maritime, and offshore sectors. LCI develops innovative and high-quality products, ensuring environmental and sustainability standards. The company distributes its products globally through authorized dealers, from its premises in Tolbert. Service, efficiency, and accuracy are always central.

Gert van Essen, commercial director of LCI and with over 20 years of service to the company, conceived the plan in early 2022 to acquire LCI from owner Harry Blaauw through a Management Buy Out (‘MBO’) transaction. Through the shared network, Gert got in touch with Catapult. Gert had no experience with such takeover processes and engaged Catapult to guide the transaction from A to Z.

Catapult assisted Gert throughout the entire acquisition process: during negotiations, coordinating and guiding the due diligence investigation, and coordinating the letter of intent and transaction documentation. With the acquisition of LCI, Gert has taken a significant step in his career, and we congratulate him on behalf of the entire team for this transaction and sincerely thank him for the pleasant collaboration.