Valentum Partners advisor to Fagerhult in the acquisition of I-VALO

I-Valo is headquartered in Ittala, Finland, and has 60 employees. The company predominantly manufactures light fittings and lighting systems for industrial and other public environments. The company has a turnover of approximately SEK 100 million (€ 11.5 million). Fagerhult is one of Europe’s leading groups in the lighting business, with over 2 000 employees and operations in about 20 countries. In order to strengthen its position, Fagerhult has acquired 100 percent of the shares in I-Valo Oy.

“This transaction contributes positively to Fagerhult’s continued growth and strengthens the company’s position in the Nordic countries. We look forward to seeing the positive contribution I-Valo will make to Fagerhult’s development in the business of lighting for public environments”, says Robert Bäckström, Partner at Valentum Partners.

Click here for the press release in PDF.

For further information, contact:

Robert Bäckström
CEO and Partner, Valentum Partners
Tel: +46 8 41 200 401
Mob: +46 708 129 307