Proventis Partners acts as exclusive adviser to BOETTGER GROUP on the sale of BG Labs to an American investor
The Transaction
BG Labs was founded in Colombia in 2017 with the aim of making medically cultivated cannabis available to German patients. This goal was achieved with the availability of EU-GMP-certified medical cannabis flowers in German pharmacies.
With this milestone achieved, the next phase of development is underway, which requires further refinement of the structural and strategic foundations. The BOETTGER GROUP has decided not to further expand this business within the group and to sell BG Labs to a new owner who will lead the company into its next phase.
The Role of Proventis Partners
Proventis Partners supported BOETTGER GROUP throughout the entire M&A process. Services included preparing all transaction documentation, identifying and approaching suitable investors, coordinating the due diligence process and leading the commercial negotiations. The Proventis Partners transaction team comprised of Torben Gottschau (Partner) and Leon Holtmann (Vice President).
About BG Labs
BG Labs was founded in 2017 and is specialized in cultivation and post-harvest processing of medical grade cannabis products. The company operates under strict regulatory standards, ensuring that all products meet local and international quality and safety requirements. BG Labs is a fully licensed producer, having obtained GAP certificate (ICA), two GACP certificates (SGS) and the EU GMP certification form a German competent authority. The facilities are located in Boyacá, Colombia, within the municipality of Sotaquirá, an area ideal for agriculture, receiving 12 hours of sunlight all year around.
For more information about BG Labs please refer to www.bglabs.com.co
About BOETTGER GROUP
The medium-sized group of companies operates in the German and European markets in the business segments of sugar, nuts, and dried fruit, confectionery and real estate.
For further information about BOETTGER GROUP please refer to www.boettgergruppe.com
About Proventis Partners
Proventis Partners is a partner-led M&A advisory firm serving predominantly medium-sized family-owned businesses, corporate groups and private equity investors. With more than 30 M&A professionals, Proventis Partners is one of the leading independent M&A advisory firms in the German-speaking region, drawing on over 20 years of experience and more than 430 successfully completed transactions. With offices in Frankfurt, Hamburg and Zurich, Proventis Partners advises clients across a broad range of industries, including Industrials, Chemicals & Materials, Business Services, Technology & Media, Consumer & Retail and Healthcare. Its exclusive membership in Mergers Alliance, an international partnership of leading M&A specialists, enables Proventis Partners to support clients in 30 countries and provides direct access to over 250 M&A professionals worldwide, ensuring local market expertise across Europe, North America, Latin America, Asia, and Africa.
For further information about Proventis Partners please refer to www.proventis.com