AKCEAN supported the management of Fortius in the takeover of the company. AKCEAN acted as financial advisor to the management of Fortius, a Luxembourg company specializing in the storage and logistics of works of art, in connection with its management buyout.
The buyers
Claude Hermann, CEO, and François Duverger, COO, have played a key role in the development of Fortius for almost a decade. As key players in the company’s growth, they have chosen to take control through a Management Buy Out (MBO), thus affirming their long-term commitment and their desire to ensure its continuity and development.
Fortius – Recognized expertise in art storage and logistics
Located at the Luxembourg Freeport, the world’s second largest free port dedicated to art, Fortius is a key player in the storage and logistics of works of art. Thanks to its high-security infrastructure and optimal conservation conditions, the company provides a secure environment for the collections entrusted to its care. In addition to storage, Fortius offers complete collection management, including transport organization, customized packing and crating, as well as administrative and customs management. Active for over 10 years, the company generates sales of around 2 million euros.
A strategic turning point for the company
Claude Hermann, CEO of Fortius, comments: “This acquisition marks an essential step in strengthening our local roots and ensuring the continuity of our development. By taking over the company, we are consolidating our commitment to our customers by guaranteeing the continuity and excellence of our services. We would like to thank AKCEAN for its support throughout the process, as well as all the advisors who contributed to the success of this transfer.”
