The strategic consortium active in the industrial laundry industry has acquired Lamme Textile Management for $172 million to integrate operations and leverage synergies within the sector. The deal closed on March 31, 2026.
| Acquirer | N/A (strategic consortium in industrial laundry) |
|---|---|
| Target | Lamme Textile Management |
| Deal Value | $172m |
| Type | Acquisition |
| Close Date | March 31, 2026 |
| Announcement Date | April 1, 2026 |
| Buy-side Financial Advisors | BDO |
| Sell-side Financial Advisors | N/A |
| Sell-side Legal Advisors | Nctm Studio Legale |
Lamme Textile Management, founded in 1834 and a market leader in textile services for the aviation sector in the Netherlands and Germany, operates across multiple locations including Schiphol Airport and Frankfurt. The strategic consortium's acquisition aims to enhance Lamme’s position through operational integration.
Deal Mechanics
The transaction involved BDO as the sole buy-side financial advisor for the undisclosed buyer, while Nctm Studio Legale handled legal counsel on the sell-side for NewPort Capital and Jan Lamme, who retains involvement in the company. The deal value of $172 million marks a strategic shift for both parties.
Strategic Rationale
NewPort Capital made the investment in Lamme Textile Management in 2018 with a focus on optimizing and expanding services to international airlines such as KLM and Lufthansa. The company also played a crucial role in sustainability initiatives like Cooperative Cibutex U.A., promoting circular textile use.
Financial Context
Since NewPort Capital's investment, Lamme Textile Management has navigated the challenges posed by the COVID-19 pandemic successfully without compromising its commitments to customers and suppliers. The company also continued to support social enterprises aimed at providing job opportunities for people with barriers to employment.
Advisors
BDO served as the financial advisor to the strategic consortium, while Nctm Studio Legale advised on legal matters for NewPort Capital and Jan Lamme. The sell-side financial advisors remain undisclosed.
Outlook
Jan Lamme expressed optimism about continuing the company’s legacy with the new strategic partners, emphasizing sustainability as a core priority. Michel Lammerts, CEO of Lamme, highlighted the combined expertise bringing further growth opportunities and reliable services to customers.