Along with the equity investment, Siauliu bankas will provide a new loan facility to Labochema.
These capital is expected to support the company’s continued growth in Lithuania and other Baltic countries.
Founded in 1991 and led be Chairman of the Board Paulius Miezys, Labochema is a provider of laboratory supplies and related services in the Baltics. Through Labochema LT, Labochema Latvija and Labochema Eesti, the company provides customers with a wide range of products including chemicals, reagents, furniture, equipment, instrumentation and consumables from leading global scientific manufacturers. Clients include educational, biotech, industrial, pharmaceutical, health care and governmental organizations.