LEDVANCE Acquires German Lighting Company loblicht as a Subsidiary
LEDVANCE, a global leader in lighting solutions, has acquired loblicht, a German lighting company renowned for high-quality design products. This acquisition marks a significant milestone in LEDVANCE’s mission to strengthen its lighting project expertise and its portfolio of brands.
“We are thrilled to officially welcome loblicht into the LEDVANCE family. loblicht has been a valued partner for years, and this acquisition is a natural progression of our successful relationship. Over the past years, we have established LEDVANCE as the partner of choice for lighting projects. The acquisition of loblicht will strengthen our portfolio of powerful product brands. Their exceptional expertise and network in the project business, together with their reputation for high-quality products, will enhance our capabilities. It underscores our commitment to delivering sophisticated and top-quality products to our customers,” said LEDVANCE Executive Senior Vice President Jue Wang.
loblicht, based in Arnsberg, North-Rhine Westphalia, produces high-end luminaires for workspaces, modern office landscapes, and public spaces. loblicht, known at the time as tecnolight, was acquired by HTP Maximum GmbH in 2020, a holding company based in Düsseldorf, Germany that invests in majority shareholdings of German SMEs. “Even if selling companies is not our DNA, we immediately saw the long-term strategic value that could be unlocked in bringing loblicht into the LEDVANCE family. And we are thrilled that our mission in establishing loblicht as a new premium lighting brand and securing jobs here in Arnsberg was successful,” said Patrick Nathe, CEO of HTP. Following its acquisition by LEDVANCE, loblicht will become a fully owned subsidiary of LEDVANCE.
“LEDVANCE’s global footprint and customer network, in combination with loblicht’s deep level of expertise in lighting projects, opens exciting new growth opportunities for the loblicht brand. We are excited to leverage the synergy between our organizations to bring even greater value to our customers. Together, we will build on our collective strengths, fostering innovation and creating new possibilities in the lighting industry”, said loblicht Managing Director Thomas Kretzer.
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