Aquin Advises:
On The Sale To:
Key Terms
| > | With effect from April 30, 2012, ZETT OPTICS GmbH successfully acquired 100 percent of the shares of HELLUX GmbH and HELLUX Construktions-Licht GmbH. |
| > | Aquin acted as the exclusive M&A advisor to the HELLUX owners, Joachim Aulig and Hans-Ludwig Aulig, and in close collaboration with the CEO of the Hellux Group, Maurice Freiherr von Dalwigk. |
Strategic Logic
| > | The merger of HELLUX and ZETT OPTICS will strengthen their position in the growing market of conventional and LED-based street lighting. |
| > | For HELLUX, this step represents a milestone within its strategic focus for the following years. HELLUX will continue to exist as an independent brand, using ZETT OPTICS’ developmental and technological expertise and resources as a platform to expand its market position in the future. Joachim Aulig, remaining in the business management of both HELLUX corporations, welcomes the new partnership. |
| > | HELLUX, founded in 1891, stands for high-quality solutions in exterior lighting. With its own resources in development, design and manufacturing, HELLUX offers a wide range of outdoor- and street lighting as well as column-, bollard-, ceiling- and wall-mounted luminaires. |
| > | The company employs 120 people at their locations in Berlin, Laatzen and Budweis (Czech Republic). |
| > | ZETT OPTICS, founded in 1928 and based in Braunschweig (Germany), is active in lighting technology, focusing on the rapidly growing field of LED lighting for demanding applications. |
| > | ZETT OPTICS is a portfolio company of VENTIZZ CAPITAL PARTNERS, a private equity firm based in Düsseldorf (Germany). |