BaltCap commits growth capital to laboratory supply provider Labochema

Labochema, a leading provider of laboratory supplies and related services in the Baltic region, has secured growth capital financing from Lithuania SME Fund. The fund, managed by the largest private equity investor in the Baltic region BaltCap, invests growth and expansion capital of up to EUR 3 million in small and medium businesses in Lithuania.

Labochema (www.labochema.lt)

Founded in 1997, Labochema (includes Labochema LT, Labochema Latvija and Labochema Eesti) has three facilities in Vilnius, Riga and Tartu and has established an excellent track record in servicing specialized research facilities and labs; supplying equipment, instrumentation and consumables, furniture, reagents and chemicals. Its clients include the region’s top educational, industrial, healthcare, pharmaceutical and biotechnology firms.