[News] LEDVANCE Expands Brand Portfolio with Acquisition of German Lighting Company Loblicht

---

---

LEDVANCE, a global leader in lighting solutions, is pleased to announce the acquisition of loblicht, a German lighting expert 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.

loblicht’s longstanding reputation for excellence and innovation has made it a trusted partner of LEDVANCE for years. The acquisition reflects LEDVANCE’s commitment to meeting the needs of its project customers and enabling them to harness the power of light.

“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, implements high-end luminaires for workspaces, modern office landscapes and public spaces. The loblicht system solutions bring to life architecture and light through a product range with harmonized variations, versatile components and modern features. 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.

(Photo credit: LEDVANCE)

TrendForce 2024 Global LED Lighting Market Analysis
Release Date: 01 February 2024 / 31 July 2024
Language: Traditional Chinese / English
Format: PDF and Excel
Page: 90-100 / Semi-Annual