Zeist, the Netherlands & Dhaka, Bangladesh – 29 October 2020.
Larive International (HQ in Zeist, the Netherlands) and LightCastle Partners (HQ in Dhaka, Bangladesh), have agreed to establish a strategic partnership where LightCastle will become the exclusive member of the Larive Group in Bangladesh, a network of independent business development advisory firms in 24 high-growth markets throughout Asia, Central & Eastern Europe, Turkey and Sub-Saharan Africa. The combination will provide business solutions for companies entering or further developing their activities in Bangladesh.
Larive’s mission is to guide customers in developing and implementing their market entry or expansion strategies in(to) high-growth markets. The company is known for its strong network with deeply rooted local presence (‘the Larive Group partners’), a personalized approach (loyalty, dedication, flexibility, responsiveness) and creativity in tackling client’s challenges.
Larive has the ability to make a non-transparent environment more transparent based on 40+ years of experience and accrued knowledge. This enables its clients to shorten the time and/or costs associated with entering these markets.
Through the cooperation with LightCastle, Larive can provide clients with professional services, such as business intelligence, market entry & growth strategy, M&A advisory and post-investment services in Bangladesh. The team of LightCastle includes over 30 professionals offering market research, sector expertise and practical advice, allowing international investors to tap on Bangladesh’s rapid growth trajectory.
Matthias Brienen, Director of Larive: “Bangladesh has been the fastest growing economy in Asia-Pacific in recent years and the country with its 167 MN inhabitants has witnessed robust growth of domestic consumption and infrastructure investments. While traditionally having a strong position in textiles and marine-related industries, a diversification of economic activities in Bangladesh is taking place, offering opportunities for foreign investors in amongst others the agro-food, FMCGs and light manufacturing sectors. Bangladesh was the last major high-growth economy in Asia-Pacific where the Larive Group was not yet represented and are excited to extend our geographical presence. By joining forces with the LightCastle team, we are well-positioned to support our client base in this fast-growing market”.
“Having already worked with Larive on several projects in Bangladesh, we are delighted to formalize our alliance” says Bijon Islam, co-founder & CEO of LightCastle. “We are thrilled about the partnership and look forward to service the increasing number of foreign investors in Bangladesh”.
About Larive International:
Larive supports companies since 1975 with their business development activities in high growth markets in Asia, Central & Eastern Europe, Turkey, and Sub-Saharan Africa (www.larive.com).
About LightCastle Partners:
Founded in 2013, LightCastle is a data-driven business consulting firm, supporting companies, governments and development partners with market research, business consulting and growth advisory in Bangladesh (www.lightcastlebd.com).