Lavorel Medicare

For entrepreneur Jean-Claude Lavorel, the story doesn't end after a massive success; it just sets the stage for the next one. In 1989, he founded LVL Medical, a home healthcare service provider. Over two decades, he built it into a publicly traded leader in its field. In 2012, the story reached a major inflection point: Lavorel sold LVL Medical to Air Liquide for a reported 316 million euros. But retirement wasn't in the playbook. A year later, in 2013, Jean-Claude and his son, Stanislas Lavorel, established Lavorel Medicare. Their new venture aimed to develop home care services across Europe, starting from a base in Luxembourg. Instead of building from scratch, their strategy was acquisition-led growth. They began by purchasing companies specializing in single-use medical devices and sterile treatment kits, such as Apotecnia-Kelis and Innoset. A significant part of this new chapter was the group's German subsidiary, Bonitas, which specialized in intensive care at home. This wasn't just a small side business; Bonitas employed nearly 4,500 people. In 2019, demonstrating a clear playbook of buying, building, and selling, the Lavorel Group sold Bonitas to the private equity firm Advent International Corporation. This move solidified Lavorel Medicare's focus on the distribution of medical devices, positioning itself as a key behind-the-scenes player in the European healthcare market.