On March 15, 2024, Schréder S.A. signed a definitive agreement to acquire a 49% stake in Photinus GmbH.

Schréder, based in Brussels (BEL), is the leading independent smart outdoor lighting solution provider worldwide.

Photinus is a leading European solar lighting provider, based in Dornbirn (AUT).

The dynamic alliance aims to accelerate the adoption of renewable energy around the world and provide lighting solutions with a significantly reduced carbon footprint.

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