Merelbeke (Belgium) / Munich , September 14, 2022 – Basalte Group NV, the Belgium-based specialist for high-end home automation technology, accelerates its growth. For 2022, Basalte expects a strong increase of its sales volume by around 40 per cent. The company, which is renowned for the integration of innovative home automation technology with high-end design and sophisticated materials, plans to step up its growth even further by expanding its market position, entering new markets and developing innovative new products. To support its growth path, Basalte has partnered with the Munich-based private equity firm EMH Partners, which invests a two-digit million amount of growth capital into the company. The private equity firm will hold a significant minority shareholding in Basalte. Klaas Arnout (CEO) and his wife Sandra Maes (COO), who have founded Basalte together in 2008, will continue to be the majority shareholders.
Target – BASALTE GROUP NV
Buyer – EMH Partners GmbH
Seller – Shareholders
