Renzenbrink & Partner advises Blanchon International on the acquisition of Dr. Schutz Group
15. December 2024Renzenbrink & Partner advised Blanchon International (Blanchon) on the acquisition of Dr. Schutz GmbH and its affiliated companies (Dr. Schutz Group).
The Dr. Schutz Group is a German family-owned company that produces and distributes floor cleaning and care products for the commercial and sports sectors, including special systems for renovation and a complete range of wood and vinyl care products. The Dr. Schutz Group employs around 90 people at its five main sites in Germany, Poland, Switzerland, the UK and the USA and is represented in more than 30 countries worldwide.
Founded in 1832 and based in Lyon, France, Blanchon is a leading European manufacturer of wood coatings and specialty paints for the construction and housing sectors. Blanchon is a portfolio company of funds advised by IK Partners and with Abénex and the management team as co-investors.
The acquisition of the Dr. Schutz Group makes Germany, the largest flooring market in Europe, one of Blanchon’s most important markets alongside France.
Renzenbrink & Partner advised Blanchon on the acquisition of Dr. Schutz Group with a team consisting of Dr. Niels Maier (Partner/Private Equity), Dr. Alexander Haunschild (Counsel/Private Equity) and Dr. Andreas Sandberger (Attorney/Private Equity).