Aquin Advises:
On The Sale To:
Key Terms
| > | On December 31, 2010, TRILUX, Germany’s leading luminaire manufacturer, acquired RSL Rodust & Sohn Lichttechnik, a supplier of high-quality special luminaires. |
| > | Aquin acted as M&A advisor to the owners of RSL, Oliver Hoffmeister and Jens Hanfland. The parties have agreed not to disclose the purchase price. |
Strategic Logic
| > | With the acquisition of RSL, TRILUX aims to intensify its own project business to expand its contacts towards architects and light planners as well as to provide an integral offer to its clients of serial applications and individual lighting solutions from a single source. As a brand, RSL will continue its business on a stand-alone basis within the TRILUX-Group. |
| > | As a consequence of the economic crisis, RSL was facing liquidity problems, even though it had a high volume of orders. Large-scale projects, which were assumed to be realized soon, were shifted. By means of a very fast and stringent sales process, RSL was able to win TRILUX as investor and to successfully close the liquidity gap. |
| > | RSL, headquartered in Sankt Augustin (Germany), is a manufacturer of special high-quality luminaires for distinct architectural requirements. The technical realization of the ideas and visions of worldwide leading light planners and architects are the main competencies of the company. |
| > | It employs 50 people and strived to generate revenues of 10 million euros in 2011. |
| > | With a consolidated group turnover of more than 450 million euros in 2010, TRILUX is Germany‘s leading luminaire manufacturer for exterior and interior lighting. |
| > | The company, headquartered in Arnsberg (Germany), has 12 subsidiaries in Europe and employs 5,500 people worldwide. |