SchahlLED Lighting (Active Capital) 80% stake acquired by FW Thorpe
Target: | SchahlLED |
Seller: | Active Capital Company
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Advisory sell side: | Hübner Schlösser & Cie | M&A Advisory |
Buyer: | FW Thorpe Plc |
Date announced: | 2022-09-27 |
FW Thorpe, a professional lighting system designer, manufacturer and supplier headquartered in the UK, announced on September 26 that it has acquired an 80% stake in SchahlLED Lighting, a general supplier of intelligent energy-saving lighting products in Germany, for an initial consideration of EUR 14.6 million.
SchahlLED Lighting has 26 employees and a turnover of EUR 15.9 million in FY21 and has been owned by Active Capital Company B.V. since 2019. support.
FW Thorpe has a market capitalization of £430.7 million.
Hübner Schlösser & Cie (HSCie) exclusively advised Active Capital Company (ACC) and Managing Partner of SchahlLED Lighting GmbH on the sale to F.W. Thorpe Company.
ACC invested in SchahlLED together with management in 2019 and has been supporting the company in implementing strategic initiatives in recent years.
Through additional acquisitions and a clear strategic sales direction, SchahlLED has achieved significant growth and is now the preferred LED solutions provider for many manufacturing and logistics companies in Germany.
The acquisition of SchahlLED will add to F.W.'s ability to continue strengthening the Thorpe Group in Europe, including increased SmartScan sales in Germany and other selected European regions. Belonging to the F.W. Thorpe Group marks the beginning of the next phase of growth for SchahlLED, especially in terms of expansion across Europe.
Source: Hübner Schlösser & Cie
Source: Mergermarket