Blanchon Group Acquires Dr Schutz
December 3, 2024
Blanchon Group has acquired Dr Schutz, the German family-owned specialist in floor renovation, protection and maintenance products, in a deal supported by private equity partners IK Partners and Abenex. The acquisition adds Dr Schutz’s product lines, five main sites and ~90 employees to Blanchon’s network and is intended to accelerate Blanchon’s international expansion and strengthen its flooring capabilities across Europe, particularly in Germany and the DACH region.
- Buyers
- Blanchon Group, IK Partners, Abenex
- Targets
- Dr Schutz
- Sellers
- Dr Karl-Michael Schutz and family
- Industry
- Manufacturing
- Location
- North Rhine-Westphalia, Germany
- Transaction Type
- Buyout
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