{"id":19592,"date":"2021-11-05T03:10:14","date_gmt":"2021-11-05T02:10:14","guid":{"rendered":"https:\/\/p-xq7l1i.project.space\/?p=19592"},"modified":"2021-11-30T18:16:25","modified_gmt":"2021-11-30T17:16:25","slug":"nordlux-to-yankon","status":"publish","type":"post","link":"https:\/\/aquin.com\/en\/nordlux-to-yankon\/","title":{"rendered":"Nordlux to Yankon"},"content":{"rendered":"

Key Terms<\/strong><\/p>\n<\/div>

\n\n\n\n
><\/td>\nWith effect from August 1, 2017, Energetic Lighting Europe\/ Yankon (China), one of the world\u2019s leading manufacturers of lamps and luminaires, acquired Nordlux Group A\/S, a leading Danish company for design oriented indoor and outdoor lighting products.<\/td>\n<\/tr>\n
><\/td>\nAquin acted as the exclusive M&A advisor to Energetic Lighting\/ Yankon.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>
<\/div>

Strategic Logic<\/strong><\/p>\n<\/div>

\n\n\n\n\n
><\/td>\nThe takeover is an important step for Yankon to realize the group`s future strategy. The plan is to strengthen its market positioning in the European consumer luminaires industry and substantially increase European business, with Nordlux as the engine.<\/td>\n<\/tr>\n
><\/td>\n\u00bbWe are convinced that there is much untapped potential in the brand, products and design of Nordlux\u00ab, says Zhangming Yang, General Manager of Energetic Lighting in Europe.<\/td>\n<\/tr>\n
><\/td>\nWith the sale, Nordlux gains access to Yankon`s large international customer base, top-notch LED-technology and production capacity.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>
<\/div>
<\/span><\/div>
<\/div>

Energetic Lighting Europe \/ Yankon<\/strong><\/p>\n<\/div>

\n\n\n\n\n
><\/td>\nZhejiang Yankon Group Co., Ltd. is a Chinese lighting specialist established in 1975 and is one of the world\u2019s largest manufacturers of LED bulbs and luminaires. The company is listed on the Shanghai Stock Exchange and sells its products globally under the brand \u00bbEnergetic\u00ab. Energetic Lighting Europe NV, a 100% European subsidiary of Yankon, is headquartered in Antwerp (Belgium).<\/td>\n<\/tr>\n
><\/td>\nYankon achieved an annual turnover of 600 million euros with 290 million euros cash at hand.<\/td>\n<\/tr>\n
><\/td>\nThe company is a subcontractor to some of the world\u2019s largest OEMs but also uses its own sales outlets as a preferred supplier to many European supermarket and DIY store chains.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>
<\/div>

Nordlux<\/strong><\/p>\n<\/div>

\n\n\n\n
><\/td>\nNordlux is a well-established and renowned Danish lighting design brand for indoor and outdoor luminaires. Under the brand names \u00bbDesingfor the people\u00ab, \u00bbNordlux\u00ab, \u00bbLampekonsulenten\u00ab and \u00bbSee Mee\u00ab, the company designs and develops its high-quality products in-house, while external partners handle production. It has sales companies in Norway, Sweden, Germany and China and is represented in more than 35 countries today.<\/td>\n<\/tr>\n
><\/td>\nNordlux, founded in 1977, is headquartered in Aalborg (Denmark). It is one of the biggest and most profitable lighting companies in Denmark.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":18715,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[79,143,140,76,47,189],"tags":[],"class_list":["post-19592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-consumer-goods","category-highlight-consumer-goods-en","category-highlight-lighting-en","category-lighting","category-transactions","category-value-for-money-consumer-en"],"acf":[],"yoast_head":"\nNordlux to Yankon - Aquin<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aquin.com\/en\/nordlux-to-yankon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nordlux to Yankon - 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