LCT acquires shares of Marvel Laundry Equipment

LCT acquires shares of Marvel Laundry Equipment

LCT has announced the acquisition of shares of Marvel Laundry Equipment, in an effort to strengthen its presence in the Belgium and Luxembourg professional textile care market. LCT is a Dutch company specializing in clothing management, automation and sorting systems for the laundry and dry cleaning industry.

LCT expects that Marvel, a long standing distributor in the sector will help expand LCT’s target markets. By this acquisition, LCT has taken over the sales and service in Belgium and Luxembourg, but other than that, Marvel will continue operating in its current structure.