{"id":19612,"date":"2021-11-05T02:40:48","date_gmt":"2021-11-05T01:40:48","guid":{"rendered":"https:\/\/p-xq7l1i.project.space\/?p=19612"},"modified":"2021-11-30T18:15:13","modified_gmt":"2021-11-30T17:15:13","slug":"sale-of-schmitz-to-nordeon","status":"publish","type":"post","link":"https:\/\/aquin.com\/en\/sale-of-schmitz-to-nordeon\/","title":{"rendered":"Sale of Schmitz to Nordeon"},"content":{"rendered":"

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

\n\n\n\n\n
><\/td>\nWith effect from December 1, 2016, the Nordeon Group took over 100 percent of the shares in the German professional lighting manufacturer Schmitz-Leuchten GmbH & Co. KG.<\/td>\n<\/tr>\n
><\/td>\nThe former owner and manager of Schmitz-Leuchten, Christoph Schmitz, will continue to direct the business within the Nordeon Group.<\/td>\n<\/tr>\n
><\/td>\nAquin acted as the exclusive M&A advisor to the owners of Schmitz-Leuchten.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>
<\/div>

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

\n\n\n\n
><\/td>\nAs part of Nordeon, Schmitz will benefit from the group\u2019s extensive technological abilities and competencies, the worldwide distribution network as well as from the international presence in key markets and will be able to focus on its own design and technological development.<\/td>\n<\/tr>\n
><\/td>\nThe acquisition of Schmitz complements the existing product portfolio of the Nordeon Group and supports them on their way to a full service provider in the lighting industry.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>
<\/div>
<\/span><\/div>
<\/div>

Schmitz-Leuchten<\/strong><\/p>\n<\/div>

\n\n\n\n\n
><\/td>\nFounded in 1932, Schmitz has a rich history and is known for its sophisticated design and its high-performance luminaires for office, hospitality, architecture and retail applications.<\/td>\n<\/tr>\n
><\/td>\nThe company\u2019s product range includes professional and linear lighting as well as highly customizable lighting objects, used by professionals like architects, lighting designers and engineers.<\/td>\n<\/tr>\n
><\/td>\nSchmitz employs around 75 staff members at its headquarters in Arnsberg (Germany).<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>
<\/div>

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

\n\n\n\n
><\/td>\nThe Nordeon Group is one of the world\u2019s leading lighting companies for professional indoor and outdoor lighting. With its brands Hess, Wila, Griven, Nordeon, Vulkan and now Schmitz, the Group combines knowledge in all fields and across the entire manufacturing process in the lighting segment.<\/td>\n<\/tr>\n
><\/td>\nThe company, headquartered in Springe (Germany), was founded in 2012 and employs around 700 people.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":18947,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[178,76,182,185,47],"tags":[],"class_list":["post-19612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hospitality-en","category-lighting","category-office-en","category-retail-shop-en","category-transactions"],"acf":[],"yoast_head":"\nSale of Schmitz to Nordeon - 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\/sale-of-schmitz-to-nordeon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sale of Schmitz to Nordeon - 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