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.
For further information, contact:
CEO and Partner, Valentum Partners
Tel: +46 8 41 200 401
Mob: +46 708 129 307