Add-on Acquisition • Electrical Equipment

Fagerhult Acquires Veko Lightsystems International B.V.

On March 15, 2018, Fagerhult acquired electrical equipment company Veko Lightsystems International B.V.

Acquisition Context
  • This is Fagerhult’s 8th transaction in the Electrical Equipment sector.
  • This is Fagerhult’s 1st transaction in the Netherlands.

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M&A Deal Summary

Date March 15, 2018
Target Veko Lightsystems International B.V.
Sector Electrical Equipment
Buyer(s) Fagerhult
Deal Type Add-on Acquisition

Target Company

Veko Lightsystems International B.V.

Schagen, Netherlands
Veko Lightsystems International B.V. is a designer and manufacturer of linear LED lighting solutions, LED modules and luminaires with integrated or stand-alone lighting controls primarily for the light industrial segment.
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Buyer Overview 1

Buyer

Fagerhult

Habo, Sweden

Category Company
Founded 1934
Sector Consumer Products
Employees3,857
Revenue 8.3B SEK (2024)
DESCRIPTION

Fagerhult is a developer, manufacturer, and marketer of professional lighting systems for public environments. Fagerhult was founded in 1934 and is based in Habo, Sweden.


Deal Context for Buyer #
Overall 8 of 9
Sector: Electrical Equipment 8 of 8
Type: Add-on Acquisition 8 of 9
Country: Netherlands 1 of 1
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-23 WE-EF Leuchten & Co. KG

Bispingen, Germany

WE-EF Leuchten Gmbh & Co. KG is a designer and manufacturer of outdoor lighting fixtures for a wide range of lighting application sectors.

Buy €81M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-08 Seneco

Hasselager, Denmark

Seneco is a lighting connectivity company provides a full wireless product range for outdoor luminaires, connected to the system is also an online portal for remote monitoring and integration to other installations. Seneco is based in Hasselager, Denmark.

Buy -