Qualitas Funds announces the incorporation of Satelliet Group to the portfolio of Qualitas Funds V. Satelliet is the market leader and a household name in the Dutch hospitality furniture industry that designs, develops, produces, and distributes indoor and outdoor furniture, predominantly for the hospitality market (restaurants, cafes, and hotels), but also for offices, educational and healthcare institutions, retail and marine industries. Satelliet provides high quality premium products such as chairs, tables, and couches through its brand Satelliet Collection (standard collection) and offers uniquely designed pieces through its exclusive brand Satelliet Originals (high-end furniture label) in cooperation with international designers.
Lensen Projectinrichters, part of the Satelliet Group since 2022, specializes in designing and executing complete furnishing projects, particularly in the healthcare market. This integration is viewed as strategically valuable for cross-selling opportunities by Satelliet.
In the coming years, the GP envisions implementing several key initiatives, such as expanding product specialization, strengthening project management capabilities, improving service delivery, and pursuing additional bolt-on acquisitions.
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