INVL Baltic Sea Growth Fund has sold its entire stake in MBL Group to MidEuropa, paving the way for further growth in the medical mobility sector.

Target Information

The INVL Baltic Sea Growth Fund has sold its entire stake in MBL Group, a leading Danish company specializing in contract development and manufacturing organization (CDMO) services, to private equity investor MidEuropa. MBL Group is renowned for its production of medical mobility, rehabilitation, and nursing equipment. Founded by the Lauritsen family in 1988, MBL Group has established itself as one of Europe’s top CDMO companies, producing components such as wheelchairs, walkers, long-term care beds, and other rehabilitation equipment.

Under the new partnership with MidEuropa, Martin Lauritsen will continue to serve as the CEO, while the Lauritsen family has reinvested a substantial amount into the company, demonstrating their ongoing commitment to the business. This transaction marks the second portfolio exit for the INVL Baltic Sea Growth Fund. Following this divestment, the fund has successfully returned the full capital invested by its investors, while continuing to actively manage seven other portfolio investments.

Industry Overview in Denmark

Denmark's medtech industry has been experiencing rapid growth, fueled by advancements in technology and an aging population. The country is a hub for innovation in healthcare, emphasizing the development of me