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  5. Fagerhult Acquires Seneco

M&A Deal Summary

Fagerhult Acquires Seneco

On April 8, 2021, Fagerhult acquired technology hardware company Seneco

Acquisition Highlights
  • This is Fagerhult’s 1st transaction in the Technology Hardware sector.
  • This is Fagerhult’s 1st transaction in Denmark.

M&A Deal Summary
Date 2021-04-08
Target Seneco
Sector Technology Hardware
Buyer(s) Fagerhult
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 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 STATS #
Overall 9 of 9
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 9 of 9
Country: Denmark M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-15 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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