Aquin Advises:
On The Sale To:
| > | The Austrian Swareflex GmbH, a company and brand of the Swarovski Group, is divesting its tunnel lighting business. Aquin acted as exclusive M&A advisor to the sellers. |
| > | With effect from April 30, 2019, the special lighting manufacturer NORKA took over all assets of the „Traffic & Industries“ division of Swareflex. |
| > | With the sale of its »Traffic & Industries« division, Swareflex will focus on its core business – the development and marketing of solutions with glass reflectors for traffic safety and industrial applications for light control with glass lenses. |
| > | The transaction further expands NORKA‘s business activities. The addition of the tunnel lighting division will be an excellent extension to the existing product portfolio and will strengthen NORKA‘s market position as a specialist for professional lighting technology. |
Swareflex
| > | Swareflex GmbH has been offering solutions for traffic safety systems and functional lighting worldwide for more than 60 years. In addition to retro-reflectors with glass elements and glass lenses, Swareflex has also produced LED-based lighting systems for roads, tunnels and industrial applications. |
| > | Swareflex is a company and brand of the Swarovski Group and employs approximately 50 people at its headquarters in Vomp (Austria). |
NORKA
| > | The company NORKA – Norddeutsche Kunststoff- und Elektrogesellschaft Stäcker mbH & Co. KG – has been known for more than 70 years as a solution provider for technical lighting under extreme environmental conditions and enjoys high brand recognition as the market leader in this field. |
| > | NORKA employs around 200 people at two locations in Germany with its administration based in Hamburg and its production plant based in Dörverden-Hülsen. |